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← Terrorism (Suppression of Financing) Act 2002

Terrorism (Suppression of Financing) Act 2002 s 7

s 7 Exemption

7.—(1) Subject to subsection (2), the Minister may, by order in the Gazette, exempt any person in Singapore, or any citizen of Singapore outside Singapore, from section 4(1)(b) or 6 or both, in respect of any specified activity or transaction or a class of specified activities or transactions carried out by the person or citizen.[17/2013] [S 759/2022] (2) An exemption under subsection (1) from section 4(1)(b) may not be made in respect of any activity or transaction involving property or services that will be used by or will benefit a terrorist entity.[17/2013] [S 759/2022] (3) An exemption under subsection (1) may be subject to any terms and conditions, including a condition precedent that the person exempted must have a notice of exemption from the Minister or a public officer authorised by the Minister before the exemption takes effect.[17/2013] (4) If a person is exempted under an order made under subsection (1) in respect of any activity or transaction or class of activities or transactions, any other person involved in carrying out —(a) the activity or transaction; or (b) any activity or transaction in that class of activities or transactions, to which the exemption relates is also exempt from section 4(1)(b) or 6 or both (whichever applies to the act carried out by that other person), and section 8, if the terms and conditions of the exemption (if any) are met. [17/2013] [S 759/2022]

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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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