On 22/05/2013,
you requested for the version in force on 22/05/2013
incorporating all amendments published on or before 22/05/2013.
The closest version currently available is that of 18/04/2013.
2.
—(1) In this Act, unless the context otherwise requires —
“Authority” means the Monetary Authority of Singapore established under section 3 of the Monetary Authority of Singapore Act (Cap. 186);
“company” means any company incorporated under any written law for the time being in force relating to companies and includes any company incorporated outside Singapore;
“licence” means a money-changer’s licence or a remittance licence, as the case may be, granted under this Act;
“licensee” means the holder of a money-changer’s licence or a remittance licence, as the case may be;
“limited liability partnership” has the same meaning as in section 2(1) of the Limited Liability Partnerships Act (Cap. 163A);
“money-changer’s licence” means a licence granted under this Act authorising the holder thereof to carry on money-changing business;
“money-changing business” means the business of buying or selling foreign currency notes;
“partner” and “manager”, in relation to a limited liability partnership, have the respective meanings assigned to them in section 2(1) of the Limited Liability Partnerships Act (Cap. 163A);
“place of business” means each place or location in Singapore used by a licensee for carrying on money-changing business or remittance business, whether within a single building, at a single business address, or otherwise;
“remittance business” means the business of accepting moneys for the purpose of transmitting them to persons resident in another country or a territory outside Singapore;
“remittance licence” means a licence granted under this Act authorising the holder thereof to carry on remittance business;
“substantial shareholder” has the same meaning as in section 81 of the Companies Act (Cap. 50).
[19/96; 5/2005; 25/2005]
(2) For the purposes of this Act, a person shall be deemed to be carrying on —
(a)
money-changing business if he offers to buy or sell any foreign currency notes; and
(b)
remittance business if he offers to transmit money on behalf of any person to another person resident in another country.
[19/96]
(3) In this Act, a reference to a document or record shall include a reference to any or part of any —
(a)
document or record kept on any magnetic, optical, chemical or other medium;
(b)
map, plan, graph, picture or drawing; and
(c)
film (including a microfilm and microfiche), negative, disc, tape, sound track or any other device in which one or more visual images, sounds or other data are embodied so as to be capable (with or without the aid of some other equipment) of being reproduced therefrom.
[19/96]