

On 23/05/2013,
you requested for the version in force on 23/05/2013
incorporating all amendments published on or before 23/05/2013.
The closest version currently available is that of 01/10/2007.

THE SCHEDULE
Acceptance of Offer of Composition Made by the Monetary Authority of Singapore
1. I, _________ [Name and NRIC/Passport Number] [If made by an officer of a body corporate, a partner of a partnership, or an officer or a member of governing body of an unincorporated association, to state his position], acknowledge that the Monetary Authority of Singapore has by way of a letter dated __________________ made an offer of composition under section 50 of the Payment Systems (Oversight) Act (Cap. 222A) (the Act) in respect of an offence [or offences] under the Act or any subsidiary legislation made thereunder, committed by ________________________________ [myself/my business trading as Business Name/Name of body corporate, partnership or unincorporated association, of which I am a representative authorised by the body corporate/partnership/unincorporated association.].
2. The offer made by the Monetary Authority of Singapore is as follows:
No. | Offence and date of offence | Composition sum offered |
1. | (Brief description of the offence, the provision of the Act breached and the date of the breach) | (State composition sum) |
3. I agree to the offer of composition as stated above and enclose, with this form, payment of the composition sum.
______________________________________ Signature of person accepting the offer of composition or authorised person accepting the offer of composition on behalf of a body corporate, a partnership, or an unincorporated association | |
Date:______________________ |
4. If the person to whom the offer of composition is made and who accepts the composition is not literate in English, the person interpreting it shall attest as follows:
I, _________ [Name and NRIC/Passport Number], have interpreted this form to the person accepting the offer of composition in ____________ [state language] and have ascertained that he understands the contents of the form and agrees to the composition. | |
______________________________________ | |
Signature of interpreter | |
Date:______________________ |
[G.N. No. S 333/2006]






