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.