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← Competition Act 2004

Competition Act 2004 s 84

s 84 Composition of offences

84.—(1) Any offence under —(a) this Act; or (b) any subsidiary legislation made under this Act, may be compounded under this section if the offence is prescribed as a compoundable offence. (2) For the purpose of subsection (1), the Commission may, with the approval of the Minister, make regulations —(a) to prescribe the offences under this Act or any subsidiary legislation made under this Act as offences that may be compounded under this section; (b) to designate the person who may compound such offences; and (c) to specify the maximum sum for which such offence may be compounded, except that the maximum sum so specified must not exceed the lower of the following:(i) one half of the amount of the maximum fine that is prescribed for the offence; (ii) $5,000. (3) The person designated under subsection (2)(b) may compound any offence prescribed under subsection (2)(a) by collecting from a person who is reasonably suspected of having committed the offence a sum of money not exceeding the maximum sum that is specified under subsection (2)(c) in respect of that offence.

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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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