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← Corporate Service Providers Act 2024

Corporate Service Providers Act 2024 s 9

Corporate Service Providers Act 2024 s 9

s 9 Criteria for registration or renewal of registration of corporate service providers

9.—(1) The Registrar must refuse to register, or to renew the registration of, a corporate service provider —(a) unless the applicant is one of the following:(i) an individual, or a partnership, registered under the Business Names Registration Act 2014; (ii) a company; (iii) a limited liability partnership; (iv) a limited partnership; (b) unless the applicant meets at least one of the following criteria:(i) the applicant (being an individual) is a registered qualified individual; (ii) at least one partner of the applicant (being a partnership, limited liability partnership or limited partnership) is a registered qualified individual; (iii) the applicant employs, engages or appoints at least one registered qualified individual to provide corporate services for, or supervise the provision of corporate services by, the applicant; (c) if the Registrar is satisfied that any key appointment holder of the applicant is not a fit and proper person; (d) if the applicant is an individual who has not successfully completed a prescribed course or training; (e) if the applicant is not an individual — any key appointment holder of the applicant has not successfully completed a prescribed course or training; or (f) if the applicant has had a previous registration as a registered corporate service provider cancelled under section 19(2) or (3) less than 2 years before the date of the applicant’s application for registration as a registered corporate service provider. (2) In determining for the purposes of subsection (1)(c) whether any key appointment holder of an applicant is a fit and proper person, the Registrar may consider such factors as may be prescribed.

Read this section in the full act → · Open Division 2 →

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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