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← Business Trusts Act 2004

Business Trusts Act 2004 s 111

s 111 Composition of offences

111.—(1) The Authority may compound any offence under this Act which is prescribed as a compoundable offence by collecting from a person reasonably suspected of having committed the offence a sum of money not exceeding one half of the amount of the maximum fine prescribed for that offence.[10/2013] (2) The Authority may compound any offence under this Act (including an offence under a provision which has been repealed) which —(a) was compoundable under this section at the time the offence was committed; but (b) has ceased to be so compoundable, by collecting from a person reasonably suspected of having committed the offence a sum of money not exceeding one half of the amount of the maximum fine prescribed for that offence at the time it was committed. [10/2013] (3) On payment of the sum of money mentioned in subsection (1) or (2), no further proceedings are to be taken against that person in respect of the offence.[10/2013] (4) The Authority may make regulations to prescribe the offences which may be compounded.[10/2013] (5) All sums collected by the Authority under subsection (1) or (2) must be paid into the Consolidated Fund.[10/2013]

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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.

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