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← Moneylenders Act 2008

Moneylenders Act 2008 s 15

s 15 Approval of change in business name

15.—(1) Every licensee must obtain the written approval of the Registrar before changing the licensee’s business name.[7/2018] (2) An application for the Registrar’s approval mentioned in subsection (1) must be made in the form and manner specified by the Registrar.[7/2018] (3) On an application by a licensee for the Registrar’s approval mentioned in subsection (1), the Registrar may —(a) grant the approval applied for; or (b) refuse to grant the approval applied for.[7/2018] (4) The Registrar must not refuse to grant an approval under subsection (3)(b) without giving the licensee concerned an opportunity to be heard.[7/2018] (5) Any licensee who, without reasonable excuse, contravenes subsection (1) shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $20,000.[11C [7/2018]

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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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