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Precious Stones and Precious Metals (Prevention of Money Laundering, Terrorism Financing and Proliferation Financing) Act 2019 PART 5 — GENERAL OFFENCES

s 27–s 28 · 2 sections

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗

Providing false information to Registrar or authorised officer

s 27

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27. A person who, in any application for registration (or renewal of registration) or in compliance or purported compliance with any requirement under Part 3 or 4 — (a) provides to the Registrar or an authorised officer any information or document that the person knows or has reason to believe is materially false or misleading; (b) omits to provide any information to the Registrar or authorised officer for the purposes of this Act, knowing or having reason to believe that the omission will create a materially false or misleading impression; (c) intentionally alters, suppresses or destroys any document or information which the person has been required to produce or provide; or (d) in producing any document or providing any information so required, makes any statement which the person knows or ought reasonably to know is, or is reckless as to whether it is, false or misleading in a material particular, shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $50,000 or to imprisonment for a term not exceeding 2 years or to both.

Obstruction of investigation, etc.

s 28

Open ↗

28. A person who, without reasonable excuse —(a) refuses or fails to provide any information, or produce any document or material, required of the person by the Registrar under section 23; (b) fails to comply with any written notice issued to the person under section 24; (c) knowingly obstructs or prevents, or attempts to obstruct or prevent —(i) a person from complying with anything required of the person by the Registrar under section 23 or 24; or (ii) the Registrar from exercising any of the Registrar’s powers under section 23 or 24; or (d) disposes of or deals in any property contrary to the Registrar’s order under section 25(6), shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $50,000 or to imprisonment for a term not exceeding 2 years or to both.

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. Read the official text ↗

Source: Singapore Statutes Online (Attorney-General's Chambers), © Government of Singapore.

The Singapore legislation on this platform is subject to copyright of the Singapore Government and is used/reproduced for the purposes of this platform with the permission of the Attorney-General's Chambers. Users of this platform may check Singapore Statutes Online for the latest version of the Singapore legislation.

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