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← Securities and Futures Act 2001

Securities and Futures Act 2001 s 339

s 339 Extra‑territoriality of Act

339.—(1) Where a person does an act partly in and partly outside Singapore which, if done wholly in Singapore, would constitute an offence against any provision of this Act, that person shall be guilty of that offence as if the act were carried out by that person wholly in Singapore, and may be dealt with as if the offence were committed wholly in Singapore. (2) Where —(a) a person does an act outside Singapore which has a substantial and reasonably foreseeable effect in Singapore; and (b) that act would, if carried out in Singapore, constitute an offence under any provision of Part 2, 2A, 3, 4, 6AA, 8, 12, 13 or 15, that person shall be guilty of that offence as if the act were carried out by that person in Singapore, and may be dealt with as if the offence were committed in Singapore. [34/2012; 4/2017] (2A) For the purposes of an action under section 232 or 234, where a person —(a) does an act partly in and partly outside Singapore which, if done wholly in Singapore, would constitute a contravention of any provision of Part 12; or (b) does an act outside Singapore which has a substantial and reasonably foreseeable effect in Singapore and that act, if carried out in Singapore, would constitute a contravention of any provision of Part 12, the act is treated as being carried out by that person in Singapore. (3) The Authority may, by regulations, specify the circumstances under which subsection (2) or (2A)(b) does not apply.

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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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