Singapore Government
Link to AGC Website
Home | Search | Browse | Results | My Preferences
 
Contents

Long Title

Part I PRELIMINARY

Part II LICENSING OF TRUST COMPANIES

Part III CONTROL OF SHAREHOLDINGS AND VOTING POWERS

Part IIIA CONTROL OVER LICENSED TRUST COMPANY

Part IIIB VOLUNTARY TRANSFER OF BUSINESS

Part IV PROBATE AND ADMINISTRATION

Part V CONDUCT OF BUSINESS

Part VI BOOKS, ACCOUNTS AND AUDIT

Division 1 — Books and accounts

Division 2 — Audit

Part VII SUPERVISION AND INVESTIGATION

Division 1 — General

Division 2 — Inspection powers of Authority

Division 3 — Investigative powers of Authority

Part VIII DISCLOSURE OF INFORMATION

Part IX APPEALS

Part X MISCELLANEOUS

FIRST SCHEDULE Trust business

SECOND SCHEDULE Specified persons

THIRD SCHEDULE Purposes for which and persons to whom protected information may be disclosed

FOURTH SCHEDULE Specified provisions

Legislative Source Key

Legislative History

Comparative Table

 
Slider
Left Corner
Print   Link to In-Force Version
On 02/10/2014, you requested the version in force on 02/10/2014 incorporating all amendments published on or before 02/10/2014. The closest version currently available is that of 18/04/2013.
Slider
Additional powers of Authority in respect of auditors
36.
—(1)  The Authority may impose all or any of the following duties on an auditor of a licensed trust company:
(a)
a duty to submit to the Authority such additional information in relation to his audit as the Authority considers necessary;
(b)
a duty to enlarge or extend the scope of his audit of the business and affairs of the licensed trust company;
(c)
a duty to carry out any other examination or establish any procedure in any particular case;
(d)
a duty to submit a report to the Authority on any of the matters referred to in paragraphs (b) and (c),
and the auditor shall carry out such additional duty or duties.
(2)  A licensed trust company shall remunerate the auditor in respect of the discharge of such additional duty or duties as the Authority may impose under subsection (1).
(3)  Any auditor who contravenes subsection (1) shall be guilty of an offence.
(4)  Any licensed trust company which contravenes subsection (2) shall be guilty of an offence.
[SFA, s. 115]