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← Credit Bureau Act 2016

Credit Bureau Act 2016 s 8

s 8 Renewal of licence

8.—(1) An application by a licensed credit bureau to renew its licence must be —(a) made to the Authority in writing at least 6 months before the date the licence expires; (b) accompanied by such information as the Authority may require; and (c) accompanied by the non‑refundable prescribed application fee that is paid in the manner specified by the Authority. (2) If an application to renew a licence is submitted to the Authority less than 6 months before the date of expiry of the licence, the application must, in addition to the renewal fee, be accompanied by the prescribed late application fee. (3) Section 7(3) and (4)(a) and (b) applies, with the necessary modifications, to an application to renew a licence under this section as it applies to an application for a licence under section 7. (4) Section 7(5) and (7) to (10) applies, with the necessary modifications, to a licence that is renewed under this section as it applies to a licence that is granted under section 7.

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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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