15. Section 29 of the principal Act is repealed and the following Part substituted therefor:“PART 3AA Division 1 — Administration |
Controller of Cruise Administration, etc. |
29.—(1) For the purposes of administering and enforcing this Part, the Board must appoint from the members, officers or employees of the Board —(a) | a Controller of Cruise Administration; and | (b) | one or more Deputy Controllers of Cruise Administration as the Board thinks fit. |
(2) A Deputy Controller of Cruise Administration has and may exercise and perform all the powers, duties and functions of the Controller conferred by this Act, subject to any limitations imposed by the Controller. |
(3) The Controller is, in administering and enforcing this Part, subject to the general and special directions of the Board. |
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Division 2 — Cruise terminal licences |
Licence required to operate cruise terminal |
29A.—(1) A person must not operate any cruise terminal unless the person has in force a cruise terminal licence for the cruise terminal.(2) Any person who contravenes subsection (1) shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $500,000 and, in the case of a continuing offence, to a further fine not exceeding $5,000 for every day or part of a day during which the offence continues after conviction. |
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Cruise terminal licence application |
29B.—(1) Any person who desires to apply for or renew a cruise terminal licence in respect of any cruise terminal —(a) | must apply to the Controller in such form and manner as the Controller may require, with the information and documents required by the Controller; and | (b) | in the case of an application to renew a licence, must submit the application to the Controller within such period before the expiry of the licence as the Controller may specify. |
(2) The following are matters which the Controller may take into account in considering the application:(a) | the ability of the applicant to finance the operation of the cruise terminal; | (b) | the experience of the applicant in operating the cruise terminal and any other cruise terminal (whether in Singapore or elsewhere), and the applicant’s ability to perform the duties of a cruise terminal licensee imposed under this Act, any regulations made under this Act and the cruise terminal licence; | (c) | the suitability of the site of the cruise terminal for its use as such; | (d) | the name by which the cruise terminal is to be known; | (e) | the suitability of the applicant as a cruise terminal licensee (including whether the applicant has observed and complied with all duties and obligations imposed on it under any written law administered, or licence issued, by the Maritime and Port Authority of Singapore). |
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(3) On considering the application, the Controller may —(a) | grant or renew the cruise terminal licence, as the case may be; or | (b) | refuse the application, |
and the Controller must notify the applicant in writing accordingly. |
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(4) Without affecting subsection (2), the Controller may refuse the application if the Controller is satisfied that —(a) | the applicant is not able to finance the operation of the cruise terminal; | (b) | the applicant is not a suitable person to be involved in the operation of a cruise terminal; | (c) | there is reason to believe that the applicant —(i) | is contravening or has contravened —(A) | any provision of this Act or any regulations made for the purposes of this Act, or any provision of the Maritime and Port Authority of Singapore Act 1996 or any regulations made under that Act; | (B) | any condition of a cruise terminal licence of the applicant or of a public licence issued to the applicant under the Maritime and Port Authority of Singapore Act 1996, whether or not in relation to the same cruise terminal that is the subject of the application; or | (C) | any direction issued to the applicant under this Part, or to the applicant as a public licensee under the Maritime and Port Authority of Singapore Act 1996; or |
| (ii) | is refusing or has refused or failed, without reasonable excuse, to comply with any requirement of the Controller or an inspecting officer under section 32B(1); |
| (d) | the application contains any information that is false or the application is misleading (including as a result of an omission), in any material particular; | (e) | the name proposed for the cruise terminal concerned —(i) | is likely to mislead members of the public as to the true character and purpose of the cruise terminal, including by reason of the inclusion of the name of a sponsor or donor; | (ii) | is identical with or so nearly resembling the name of another cruise terminal or person or individual or thing (whether in Singapore or elsewhere) as to be likely to deceive or cause confusion in relation to it; | (iii) | is likely to give any impression that the cruise terminal is connected to the Government or any public authority, or with any other body of persons or any individual or thing (whether in Singapore or elsewhere), when it is not so connected; or | (iv) | is undesirable or offensive, or may bring disrepute to Singapore or cause confusion as to Singapore as a tourist destination; or |
| (f) | it is in the public interest to do so. |
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(5) Where the Controller is satisfied that a cruise terminal licence should not be renewed, the Controller may, despite being so satisfied, renew the cruise terminal licence for a period not exceeding 12 months for the purpose of facilitating the transfer by the applicant of the management, operation and administration of the cruise terminal to the person taking over the same from the applicant. |
(6) A cruise terminal licensee that does not intend to renew its cruise terminal licence must provide the Controller with at least 24 months’ prior written notice or such other shorter or longer period as may be prescribed in substitution. |
(7) The Controller may, at any time, amend a cruise terminal licence by changing —(a) | the particulars of the person to whom the licence is granted, including the name of the person (but not where the effect of the change in name would be to transfer or assign the benefit of the cruise terminal licence, without the consent having been obtained under section 29F); and | (b) | the description (including the name and site) of the cruise terminal to which the licence relates (including by addition or deletion, or both). |
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29C.—(1) This section applies where an application has been made for the grant or renewal of a cruise terminal licence, and the Controller requires the applicant to fulfil one or more requirements pending the Controller’s determination of the application.(2) The Controller may give the applicant an in‑principle approval for the grant or renewal of the cruise terminal licence pending the applicant fulfilling the requirements, permitting the applicant to provide all or any cruise port services and facilities at the cruise terminal that is to be the subject of the cruise terminal licence to be granted or renewed. |
(3) The Controller may give the in‑principle approval subject to any conditions that the Controller thinks fit. |
(4) The Controller must specify a validity period for the in‑principle approval that does not exceed 12 months, and may extend the validity period one or more times, but the initial validity period and every extension must not exceed 12 months in total. |
(5) Except to the extent provided under subsection (4), the in‑principle approval cannot be renewed. |
(6) For the purposes of this Act, so long as an in‑principle approval is in force —(a) | it is treated as a cruise terminal licence; | (b) | the applicant is treated as a cruise terminal licensee; and | (c) | the conditions mentioned in subsection (3) are conditions of a cruise terminal licence. |
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(7) Without affecting section 29G and despite the validity period (including any extensions) of the in‑principle approval under subsection (4), the in‑principle approval ceases to be in force —(a) | if the applicant fails to comply with any requirement imposed under subsection (1); or | (b) | on the determination of the application under section 29B(3). |
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29D. Unless the Controller otherwise allows, a cruise terminal licensee must not use any name for the cruise terminal to which its cruise terminal licence relates, except the name specified in the licence for the cruise terminal. |
Validity of cruise terminal licence |
29E.—(1) Subject to subsection (2), a cruise terminal licence remains in force for the validity period specified in the cruise terminal licence, unless earlier revoked under section 29G or cancelled under section 29H.(2) A cruise terminal licence is treated as not being in force —(a) | for any period for which the licence is suspended under section 29G; and | (b) | for the part or the whole of any validity period mentioned in subsection (1) for which the cruise terminal licensee does not have in force a public licence under the Maritime and Port Authority of Singapore Act 1996 in relation to the cruise terminal to which the cruise terminal licence relates. |
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Restriction on transfer of cruise terminal licence |
29F.—(1) A cruise terminal licensee must not transfer or assign the benefit of its cruise terminal licence to any other person without the prior written consent of the Controller.(2) Any transfer or assignment in contravention of subsection (1) is for all purposes void and of no effect. |
(3) Any person who contravenes subsection (1) shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $100,000. |
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Suspension and revocation of cruise terminal licence, etc. |
29G.—(1) If the Controller is satisfied in relation to any cruise terminal licensee of a cruise terminal that —(a) | the cruise terminal licensee has contravened, is contravening, or is likely to contravene —(i) | any provision of this Act or any regulations made for the purposes of this Act, or any provision of the Maritime and Port Authority of Singapore Act 1996 or any regulations made under that Act; | (ii) | any condition of its cruise terminal licence or a public licence granted to it under the Maritime and Port Authority of Singapore Act 1996; or | (iii) | any direction issued by the Controller to the cruise terminal licensee under Division 3 or this subsection (as may be modified under that Division or this section, as the case may be), or by the Maritime and Port Authority of Singapore under the Maritime and Port Authority of Singapore Act 1996 to the applicant as a public licensee (as may be modified under that Act); |
| (b) | the cruise terminal licensee provided or caused to be provided to the Controller or any inspecting officer any information (including information in connection with its application for or renewal of a cruise terminal licence) which is false or misleading (including as a result of an omission) in any material particular, or the cruise terminal licensee otherwise obtained its cruise terminal licence through fraud or misrepresentation; | (c) | the cruise terminal licensee refuses or fails, without reasonable excuse, to comply with any requirement of the Controller or an inspecting officer under section 32B(1); | (d) | the cruise terminal licensee has gone or is likely to go into compulsory liquidation or voluntary liquidation other than for the purpose of amalgamation or reconstruction; | (e) | the cruise terminal licensee has made any assignment to, or composition with, its creditors; | (f) | the cruise terminal licensee has ceased or is likely to cease operation of the cruise terminal to which its cruise terminal licence relates; | (g) | the cruise terminal licensee is not a suitable person to continue to be involved in the operation of the cruise terminal; | (h) | the cruise terminal licensee ceases to have in force a public licence granted under the Maritime and Port Authority of Singapore Act 1996 in relation to the cruise terminal to which the cruise terminal licence relates; or | (i) | the public interest of Singapore requires, |
then the Controller may do one or more of the following: |
(j) | issue any direction to the cruise terminal licensee to do or not to do anything specified in the direction; | (k) | where paragraph (a) or (c) applies, subject to subsection (2), impose on the cruise terminal licensee a financial penalty not exceeding the higher of the following amounts, payable to the Board within the time specified by the Controller:(i) | 1% of the annual turnover of that part of the licensee’s business to which the cruise terminal licence relates, as ascertained from the licensee’s latest audited accounts; | (ii) | $100,000; |
| (l) | debar the cruise terminal licensee from applying for the grant or renewal of any cruise terminal licence for a period specified by the Controller; | (m) | suspend the cruise terminal licence of the cruise terminal licensee for a period specified by the Controller that must not exceed 12 months or such longer period as may be prescribed in substitution, or revoke the licence. |
(2) Subsection (1)(k) does not apply in respect of any contravention which is prescribed to be an offence under this Act or any regulations made under this Act. |
(3) A suspension under subsection (1)(m) may relate to one or more cruise port services and facilities being provided, or intended to be provided, at the cruise terminal to which the cruise terminal licence relates, whether generally or in relation to any class or category of ships or any ship by any description. |
(4) Where the Controller intends to take any regulatory action under subsection (1) against a cruise terminal licensee, the Controller must serve on the cruise terminal licensee written notice of the Controller’s intention, unless —(a) | the Controller considers that it is not practicable or desirable in the particular circumstances of the case to do so; or | (b) | the cruise terminal licensee has been dissolved or wound up or has otherwise ceased to exist, or has ceased operation of the cruise terminal to which its cruise terminal licence relates. |
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(5) The written notice must specify —(a) | the regulatory action that the Controller intends to take against the cruise terminal licensee; | (b) | the ground or grounds in subsection (1)(a) to (i) on which the Controller intends to rely; and | (c) | the time (being at least 14 days after the date of service of the written notice on the cruise terminal licensee) within which any written representation may be given to the Controller, or any representation by the cruise terminal licensee heard, with respect to the Controller’s intention. |
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(6) On considering any representation made by the cruise terminal licensee under subsection (5)(c), the Controller may decide to —(a) | proceed with the intended regulatory action (including with any modification as the Controller thinks fit); or | (b) | not proceed with the intended regulatory action or proceed with a different regulatory action, |
and must serve on the cruise terminal licensee written notice of the Controller’s decision. |
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(7) If no representation is made to the Controller within the time mentioned in subsection (5)(c) or if any representation made under that provision is withdrawn, the Controller —(a) | may decide to proceed as intended (including with any modification as the Controller thinks fit), or may decide not to proceed; and | (b) | must serve on the cruise terminal licensee written notice of the Controller’s decision. |
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(8) The decision of the Controller mentioned in subsection (6) or (7) (as the case may be) does not take effect until —(a) | the expiry of the period allowed under section 42A for the cruise terminal licensee to appeal to the Minister against the decision; and | (b) | if an appeal is made in the period allowed under section 42A for the licensee to appeal —(i) | the determination or rejection of the appeal by the Minister or his or her designate under section 42A; or | (ii) | (if the appeal is withdrawn) the withdrawal of the appeal. |
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(9) The suspension or revocation of any cruise terminal licence under this section does not affect the enforcement by any person of any right or claim against the cruise terminal licensee or former cruise terminal licensee, or by the cruise terminal licensee or former cruise terminal licensee of any right or claim against any person. |
(10) If the written notice under subsection (4) is served on the cruise terminal licensee and the cruise terminal licence expires before the Controller can —(a) | make a determination whether one or more of the grounds in subsection (1)(a) to (i) mentioned in the written notice under subsection (5)(b) are satisfied; or | (b) | (if the Controller has made such a determination) take any regulatory action under subsection (1)(j), (k), (l) or (m) (whether or not mentioned in that written notice under subsection (5)(a)), |
this section continues to apply and the Controller may, at any time after the expiry — |
(c) | continue to make such determination or take such regulatory action under subsection (1)(j), (k) or (l) or both (as the case may be) in relation to the former cruise terminal licensee; or | (d) | not continue with any further action under this section. |
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(11) For the purpose of subsection (10), a cruise terminal licence expires when any of the following occurs:(a) | its period of validity ends; | (b) | it is revoked under this section; | (c) | it is cancelled under section 29H. |
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(12) To avoid doubt and without affecting section 29B(2), a determination under subsection (10) is a relevant consideration for the purpose of any application that the former cruise terminal licensee may subsequently make under section 29B. |
(13) Where regulatory action taken under this section is the issue of a direction under subsection (1)(j), the Board may at any time vary, suspend or revoke the whole or any part of the direction, and section 29L applies in relation to such variation, suspension or revocation as if the direction in question were a direction issued under section 29K. |
(14) For the purposes of subsection (13), references in section 29L to a person are references to a cruise terminal licensee or a former cruise terminal licensee, as the case may be. |
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Cancellation of cruise terminal licence |
29H.—(1) A cruise terminal licensee that wishes to cancel its cruise terminal licence must provide the Controller with at least 24 months’ prior written notice or such other shorter or longer period as may be prescribed in substitution.(2) The cancellation of the cruise terminal licence under this section does not affect the enforcement by any person of any right or claim against the former cruise terminal licensee, or by the cruise terminal licensee of any right or claim against any person. |
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Division 3 — Control and regulation of cruise terminal licensees and cruise terminals |
Conditions of cruise terminal licence |
29I.—(1) The Controller may issue or renew a cruise terminal licence subject to any condition that the Controller may specify.(2) Without affecting subsection (1), the conditions of the cruise terminal licence may include any of the following: (a) | any condition requiring the cruise terminal licensee to enter into any agreement or arrangement with any other person (whether or not another cruise terminal licensee) for —(i) | the interconnection with, access to and use of any building, berth, installation, facility or infrastructure (whether or not for the purpose of any cruise port services and facilities at the cruise terminal that is the subject of the cruise terminal licence), including for the purpose of connecting the cruise terminal with the public transportation system; | (ii) | the interconnection with, access to and use of any computer or electronic system for the booking of berths and other cruise port services and facilities; and | (iii) | any other purpose specified in the licence, |
and on the terms agreed to by the licensee and the other person or, in default of agreement, as determined by the Controller; |
| (b) | any condition restricting the carrying on by the cruise terminal licensee of any trade or business which is not related to the activity which the licensee is authorised by the cruise terminal licence to carry on; | (c) | any condition requiring the cruise terminal licensee to obtain the prior approval of the Controller before entering into any contract with any person which will permit or enable that person to operate any part of the cruise terminal or provide any cruise port services and facilities; | (d) | any condition requiring the cruise terminal licensee to comply with the berthing framework, as may be modified for the cruise terminal licensee in such condition; | (e) | any condition requiring the cruise terminal licensee —(i) | to comply with the standards of performance and procedures specified by the Controller, including standards of performance and procedures for the requirements and processes for collecting and maintaining data; and | (ii) | to report its compliance with the standards of performance and procedures in the form and manner determined by the Controller; |
| (f) | any condition as to the manner by which the cruise terminal licensee may charge for providing any cruise port services and facilities; | (g) | any condition relating to any matter ancillary to this Part. |
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(3) This section does not require a cruise terminal licensee to comply with any condition to the extent it is inconsistent with any requirement under any other written law, including any condition specified in any licence granted under or direction given under the Maritime and Port Authority of Singapore Act 1996. |
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Modification of conditions, etc., of cruise terminal licence |
29J.—(1) Where the Controller intends to modify (including by removing) any condition of, or to impose any new condition on, a cruise terminal licence of a cruise terminal licensee, the Controller must, unless the Controller considers that it is not practicable or desirable in the particular circumstances of the case, serve on the cruise terminal licensee written notice of the Controller’s intention.(2) The written notice must —(a) | state the modification that the Controller intends to make or the new condition the Controller intends to impose, and any compensation payable for any loss or damage suffered or expense reasonably incurred by the cruise terminal licensee as a direct result of the modification or imposition; and | (b) | specify the time (being at least 14 days after the date of service of the written notice on the cruise terminal licensee) within which any written representation may be given to the Controller, or any representation by the cruise terminal licensee heard, with respect to the Controller’s intention. |
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(3) On considering any representation made by the cruise terminal licensee under subsection (2)(b), the Controller may decide to —(a) | proceed as intended (including with any modification to the intended modification or compensation payable, or with any new condition or compensation payable, as the Controller thinks fit); or | (b) | not proceed as intended, |
and must serve on the cruise terminal licensee written notice of the Controller’s decision. |
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(4) If no representation is made to the Controller within the time mentioned in subsection (2)(b) or if any representation made under that provision is withdrawn, the Controller may proceed as intended (including with any modification to the intended modification or compensation payable, or with any new condition or compensation payable, as the Controller thinks fit) and must serve on the cruise terminal licensee written notice of the Controller’s decision. |
(5) The decision of the Controller mentioned in subsection (3) or (4) (as the case may be) does not take effect until —(a) | the expiry of the period allowed under section 42A for the cruise terminal licensee to appeal to the Minister against the decision; and | (b) | if an appeal is made in the period allowed under section 42A for the licensee to appeal —(i) | the determination or rejection of the appeal by the Minister or his or her designate under section 42A; or | (ii) | (if the appeal is withdrawn) the withdrawal of the appeal. |
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29K.—(1) The Controller may, by written direction to a cruise terminal licensee, a cruise line, or to any owner, operator, manager, agent or master of any ship (whether or not a cruise ship), require the person so directed to do or not to do the things specified in the direction, or of a description specified in the direction, for any of the following purposes:(a) | to optimise the use of cruise terminals in Singapore; | (b) | to ensure or require compliance with the berthing framework; | (c) | to ensure the availability of berth slots or optimise the use of berth slots across all cruise terminals in Singapore (whether or not in relation to cruise ships) including by requiring the acceptance, postponement, cancellation or rejection of any berth booking by a cruise terminal licensee, whether or not in consequence of any double‑booking, over‑booking or non‑compliance with the berthing framework, by that or another cruise terminal licensee, and whether or not in accordance with the berthing framework; | (d) | to ensure the availability and reliability of any cruise port services and facilities; | (e) | to ensure compliance with standards of performance and procedures for any matter affecting the provision of cruise port services and facilities; | (f) | to ensure or require compliance with the pricing framework under section 29O; | (g) | to ensure the coordination and cooperation, on the terms specified by the Controller, with any other person in the use or sharing of —(i) | any building, berth, installation, facility or infrastructure; | (ii) | any equipment, machinery plant or system; or | (iii) | any computer or electronic system, |
or any part of the same, that is owned or used by a cruise terminal licensee for the provision of any cruise port services and facilities; |
| (h) | to prevent any cruise terminal, or the cruise industry in Singapore generally, from being brought into disrepute; | (i) | for a cruise terminal licensee intending to cancel or not renew its cruise terminal licence for a cruise terminal, to ensure the proper and expeditious transfer of the management, operation and administration of the cruise terminal to another cruise terminal licensee, the Board or an agent of the Board (including by the novation of agreements concerning the cruise terminal); | (j) | for any matter ancillary to this Part. |
(2) A direction mentioned in subsection (1)(a), (b), (c), (d), (h) and (j) may require the person to whom the direction is issued to do or to refrain from doing any thing to enable a ship to arrive at or leave a berth at the cruise terminal for the purposes of a berth slot. |
(3) A direction mentioned in subsection (1)(i) may also be issued to a former cruise terminal licensee. |
(4) Before issuing a direction under this section, the Controller must, unless the Controller considers that it is not practicable or desirable in the particular circumstances of the case, serve on the person to whom the direction is to be issued, written notice of the Controller’s intention. |
(5) The written notice must —(a) | state the direction the Controller intends to make and its effect; and | (b) | specify the time (being at least 14 days after the date of service of the written notice on the person) within which any written representation may be given to the Controller, or any representation by the person heard, with respect to the Controller’s intention. |
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(6) On considering any representation made by the person under subsection (5)(b), the Controller may decide to —(a) | proceed as intended (including with any modification to the direction as the Controller thinks fit); or | (b) | not proceed as intended, |
and must serve on the person written notice of the Controller’s decision. |
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(7) If no representation is made to the Controller within the time mentioned in subsection (5)(b) or if any representation made under that provision is withdrawn, the Controller may proceed as intended (including with any modification as the Controller thinks fit) and must serve on the person written notice of the Controller’s decision. |
(8) The person must comply with the direction served pursuant to a decision under subsection (6) or (7) in or within the time specified in the direction for compliance. |
(9) Where the person is a cruise terminal licensee whose cruise terminal licence ceases to be in force after the direction is issued, the person must still comply with the direction. |
(10) The person is not required to comply with the direction to the extent it is inconsistent with any requirement under any other written law or any condition specified in any licence granted under or direction given under the Maritime and Port Authority of Singapore Act 1996. |
(11) Any person who fails to comply with a direction under subsection (1) shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $5,000 or to imprisonment for a term not exceeding 6 months or to both and, in the case of a continuing offence, to a further fine not exceeding $500 for every day or part of a day during which the offence continues after conviction. |
(12) This section does not prevent the Controller from issuing directions to more than one person mentioned in subsection (1) for the same purpose, including issuing a direction to a person after another person has failed to comply with an earlier direction issued to that other person under this section. |
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Modification of directions, etc. |
29L.—(1) The Controller may at any time vary, suspend or revoke the whole or any part of a direction issued to a person under section 29K.(2) Before varying, suspending or revoking a direction or part of a direction, the Controller must serve on the person written notice of the Controller’s intention, unless the Controller considers that it is not practicable or desirable to do so in the particular circumstances of the case. |
(3) The written notice must —(a) | state the direction or part of the direction that the Controller intends to vary, suspend or revoke, and (in the case of a variation) the effect of the variation; and | (b) | specify the time (being at least 14 days after the date of service of the written notice on the person) within which any written representation may be given to the Controller, or any representation by the person heard, with respect to the Controller’s intention. |
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(4) On considering any representation made by the person under subsection (3)(b), the Controller may decide to —(a) | proceed as intended (including with any modification to the direction or part of the direction as the Controller thinks fit); or | (b) | not proceed as intended, |
and must serve on the person written notice of the Controller’s decision. |
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(5) If no representation is made to the Controller within the time mentioned in subsection (3)(b) or if any representation made under that provision is withdrawn, the Controller may proceed as intended (including with any modification as the Controller thinks fit) and must serve on the person written notice of the Controller’s decision. |
(6) The variation, suspension or revocation takes effect at the time and date specified by the Controller in the written notice of the Controller’s decision. |
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29M.—(1) The Controller may issue advisory guidelines for the purposes of providing practical guidance or certainty in respect of one or more requirements imposed under this Part or any regulations made for the purposes of this Part.(2) The advisory guidelines may —(a) | be of general or specific application; or | (b) | specify that different provisions of the advisory guidelines apply to different circumstances, or apply to different persons or classes of persons. |
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(3) The Controller may amend or revoke the whole or part of any advisory guidelines issued under subsection (1). |
(4) Advisory guidelines issued or amended under this section do not have any legislative effect. |
(5) Where a person fails to comply with any provision of any advisory guidelines issued under this section applicable to the person —(a) | the failure does not of itself render the person liable to criminal proceedings; but | (b) | the failure may, whether in civil or criminal proceedings, be relied on by any party to the proceedings as tending to establish or to negate any liability that is in question in the proceedings. |
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Security deposit against contraventions by cruise terminal licensee |
29N.—(1) The Controller may, by written direction to a cruise terminal licensee, require the licensee to provide or further provide a performance bond, guarantee or other form of security on the terms and conditions determined by the Controller, of such amount and within such time as the Controller thinks appropriate.(2) The Controller may use the security to meet the whole or any part of any financial penalty imposed on the cruise terminal licensee that is unpaid. |
(3) The use of the security mentioned in subsection (2) does not affect the taking of proceedings against any person for any contravention under this Part or any regulations made for the purposes of this Part. |
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Charges for provision of cruise port services and facilities |
29O.—(1) A cruise terminal licensee must ensure that any charges imposed by the cruise terminal licensee for the provision of any cruise port services and facilities at the cruise terminal to which its cruise terminal licence relates (whether provided by the cruise terminal licensee or any other person, and whether in connection with a cruise ship or any other type of ship), complies with the prevailing pricing framework set by the Controller.(2) Regulations made under section 45 may provide for the methodology or terms in accordance with which the Controller must set any pricing framework for the purposes of subsection (1), including one or more of the following:(a) | a maximum price or the maximum rate of increase or the minimum rate of decrease in maximum price; | (b) | an average price or the average rate of increase or decrease in the average price; | (c) | by reference to a general price index, the cost of production, revenue, a rate of return on assets, a rate of return on financial capital, a margin of turnover or profit, or any other factor; | (d) | by reference to quantity, location or the period of the provision of the cruise port services and facilities; | (e) | by reference to other financial indicators (including the rate of return of turnover or profit margin). |
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(3) Regulations made under section 45 may further require that any charges (including any change in charges) be approved by the Controller. |
(4) Despite section 29G(1)(k), where a cruise terminal licensee fails to comply with subsection (1), the financial penalty that the Controller may impose on the cruise terminal licensee under section 29G(1) is an amount not exceeding the highest of the following: (a) | 120% (or such other higher or lower percentage as the Minister may by order in the Gazette prescribe in substitution) of the total charges in excess for each year or part of a year during which those charges are in excess; | (b) | 1% of the annual turnover of that part of the cruise terminal licensee’s business to which its cruise terminal licence relates, as ascertained from the licensee’s latest audited accounts; | (c) | $100,000. |
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Power to require imposition of charges, late payment interest, etc. |
29P.—(1) The Controller may require a cruise terminal licensee to impose on and collect from any person (including by a specified method of collection), or not to impose on or collect from any person, any charges or security deposits associated with the provision of any cruise port services and facilities at the cruise terminal to which its cruise terminal licence relates (including for the booking or cancellation of booking of any berth slot at the cruise terminal).(2) The Controller may require a cruise terminal licensee to impose on any person liable to pay any charge or provide any security deposit under subsection (1), interest for the late payment of the charge or the late provision of the security deposit, and to collect the interest (including by a method of collection specified by the Controller). |
(3) The Controller may specify the rate of interest for the purposes of subsection (2) or may permit the cruise terminal licensee to determine the rate. |
(4) A cruise terminal licensee —(a) | must take all reasonable steps available to collect any charge, security deposit or late interest required to be collected under this section in accordance with the method specified by the Controller; and | (b) | must not waive the payment or provision of the charge, security deposit or late interest (as the case may be) without the prior written consent of the Controller. |
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Accounts, statements and records |
29Q.—(1) A cruise terminal licensee must —(a) | in respect of each period specified by the Controller (each called in this section a designated period), prepare in the form and manner required by the Controller, accounts and statements relating to the provision in each designated period of cruise port services and facilities at the cruise terminal to which the cruise terminal licence of the cruise terminal licensee relates (whether or not the cruise port services and facilities are provided by the cruise terminal licensee); | (b) | keep the accounts and statements for each designated period for at least 5 years after the end of the designated period; | (c) | within such time after a designated period as the Controller specifies, provide the Controller with the accounts for the designated period duly audited by an auditor approved by the Controller; and | (d) | keep, in the manner required by the Controller, records that are relevant to the preparation of the accounts and statements for each designated period for at least 5 years after the end of the designated period. |
(2) A cruise terminal licensee must —(a) | prepare, in the form and manner required by the Controller, records of the following:(i) | in respect of each designated period, records required by the Controller for determining the compliance by the cruise terminal licensee with the provisions of this Part, any regulations made for the purposes of this Part, any condition of the cruise terminal licence of the cruise terminal licensee, or any direction or standard of performance and procedures applicable to the cruise terminal licensee; | (ii) | records of berth bookings, ship calls and passenger throughput at the cruise terminal to which the cruise terminal licence relates; |
| (b) | keep the records for a designated period for at least 5 years after the end of the designated period; and | (c) | provide the records to the Controller within the period and in the manner required by the Controller. |
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(3) The accounts and statements mentioned in subsection (1), and the records mentioned in subsection (2), must be prepared so as to correctly record and explain the matters or things to which they relate. |
(4) Subject to subsection (5), a cruise terminal licensee who, without reasonable excuse, contravenes subsection (1), (2) or (3) shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $5,000. |
(5) Any person who —(a) | intentionally alters, suppresses or destroys any account, statement or record which is required under this section; | (b) | in giving any account, statement or record required under this section, makes any statement which the person knows to be false or misleading (including as a result of any omission) in any material particular; or | (c) | refuses to give any account, statement or record as required under this section, |
shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $5,000 or to imprisonment for a term not exceeding 6 months or to both. |
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Division 4 — Restrictions on ownership of cruise terminal licensees, etc. |
Subdivision (1) — Unacceptable situations |
Control of equity interest or voting control in cruise terminal licensee |
29R.—(1) A person must not, whether through a series of transactions over a period of time or otherwise —(a) | become a 5% controller of a cruise terminal licensee without giving written notice to the Controller of that fact; or | (b) | become a 25% controller, a 50% controller or an indirect controller of a cruise terminal licensee without obtaining the prior written approval of the Controller. |
(2) The written notice under subsection (1)(a) must be given within 7 days after the person becomes a 5% controller of the cruise terminal licensee. |
(3) The Controller may approve an application under subsection (1)(b) if the Controller is satisfied that —(a) | the person who is to be a 25% controller, a 50% controller or an indirect controller of the cruise terminal licensee (as the case may be) is a fit and proper person; | (b) | having regard to the person’s likely influence, the cruise terminal licensee will continue to conduct its business prudently and comply with the provisions of this Act; and | (c) | it is in the public interest to do so. |
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(4) Any approval by the Controller under this section may be granted subject to any conditions that the Controller considers appropriate. |
(5) Any condition subject to which the Controller’s approval under this section is granted has effect despite the provisions of any other written law or anything contained in the memorandum or articles of association, trust deed or other constitution of the cruise terminal licensee. |
(6) A cruise terminal licensee must give written notice to the Controller if any person acquires equity interest in the cruise terminal licensee, whether through a series of transactions over a period of time or otherwise, that would result in the person becoming a 5% controller, a 25% controller, a 50% controller or an indirect controller of the cruise terminal licensee. |
(7) The written notice under subsection (6) must be given within 7 days after the person becomes a 5% controller, a 25% controller, a 50% controller or an indirect controller of the cruise terminal licensee. |
(8) Any person who contravenes subsection (1) or (6) shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $100,000 or to imprisonment for a term not exceeding 3 years or to both. |
(9) Where a person is charged with an offence in respect of a contravention of subsection (1) or (6), it is a defence for the person to prove that —(a) | the person was not aware of the contravention when it occurred; | (b) | the person has within 14 days after becoming aware of the contravention, notified the Controller of the contravention; and | (c) | where the Controller issued any direction under section 29T to the person in relation to the contravention —(i) | the person complied with the direction within the period specified by the Controller under that section; or | (ii) | the period specified by the Controller under that section for the compliance of the direction has not expired. |
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(10) Where a person is charged with an offence in respect of a contravention of subsection (1)(a) or (b), it is also a defence for the person to prove that, even though the person was aware of the contravention —(a) | the contravention occurred as a result of an increase in the holding of equity interest, or in the voting power controlled, by any of the person’s associates; | (b) | the person has no agreement or arrangement, whether oral or in writing and whether express or implied, with that associate with respect to the acquisition, holding or disposal of equity interests or other interests in, or under which they act together in exercising their voting power in relation to, the cruise terminal licensee; | (c) | the person has within 14 days after the date of the contravention, notified the Controller of the contravention; and | (d) | where the Controller issued any direction under section 29T to the person in relation to the contravention —(i) | within the period specified by the Controller under that section, complied with the direction; or | (ii) | the period specified by the Controller under that section for the compliance of the direction has not expired. |
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(11) Except as provided in subsections (9) and (10), it is not a defence for a person charged with an offence in respect of a contravention of subsection (1) or (6) to prove that the person did not intend to or did not knowingly contravene subsection (1) or (6). |
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Acquisition of cruise terminal licensee as going concern |
29S.—(1) A person must not, whether or not the person has obtained any approval of the Controller under section 29R(1)(b) or is exempted from section 29R(1), acquire as a going concern the business of a cruise terminal licensee conducted pursuant to its licence for a cruise terminal, unless the person and the cruise terminal licensee have obtained the prior written approval of the Controller.(2) The Controller may approve an application under subsection (1) if the Controller is satisfied that —(a) | the person acquiring the business is a fit and proper person; | (b) | the acquisition will not affect the proper operation of the cruise terminal concerned; and | (c) | it is in the public interest to do so. |
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(3) Any approval by the Controller under this section may be granted subject to any condition as the Controller considers appropriate. |
(4) Any condition imposed by the Controller under this section has effect despite the provisions of any other written law or anything contained in the memorandum or articles of association, trust deed or other constitution of the cruise terminal licensee. |
(5) An application for the Controller’s approval under subsection (1) must —(a) | be made jointly by the person and the cruise terminal licensee; and | (b) | be made in such form and manner as the Controller may specify. |
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(6) Any person who contravenes subsection (1) shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $100,000 or to imprisonment for a term not exceeding 3 years or to both. |
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29T.—(1) The Controller may issue any direction to a person under subsection (2) or (3) if the Controller is satisfied that —(a) | the person has contravened section 29R(1)(b) or 29S(1); | (b) | in the case of a person who has obtained the Controller’s approval under section 29R(1)(b) or who has been exempted from section 29R(1)(b) —(i) | the person is not or ceases to be a fit and proper person; | (ii) | having regard to the person’s likely influence, the cruise terminal licensee is not, or is no longer, likely to conduct the business of the cruise terminal licensee prudently or to comply with the provisions of this Act; or | (iii) | it is not, or it is no longer, in the public interest to allow the person to continue to be a 25% controller, a 50% controller or an indirect controller of the cruise terminal licensee, as the case may be; |
| (c) | in the case of a person who has obtained the Controller’s approval under section 29S(1) or who has been exempted from section 29S(1), and who has acquired as a going concern a business mentioned in section 29S(1) —(i) | the person is not or ceases to be a fit and proper person; | (ii) | the person is not or is no longer able to properly operate the cruise terminal; or | (iii) | it is not, or it is no longer, in the public interest to allow the person to continue to own or manage that business; |
| (d) | any condition of approval imposed on the person under section 29R or 29S has not been complied with; | (e) | the person has provided any false or misleading (including as a result of an omission) information or documents in connection with the person’s application for approval under section 29R or 29S; or | (f) | the Controller would not have granted its approval under section 29R or 29S had the Controller been aware, at that time, of circumstances relevant to the person’s application for such approval. |
(2) Where the person is a 25% controller, a 50% controller or an indirect controller of a cruise terminal licensee, the Controller may —(a) | direct the person to take such steps as are necessary, within such period as the Controller may specify, to ensure that the person ceases to be a 25% controller, a 50% controller or an indirect controller of the cruise terminal licensee; | (b) | direct the transfer or disposal of all or any of the equity interest held by the person or any of the person’s associates (called in this section and section 29U the specified equity interest) within such period and subject to such conditions as the Controller may specify; | (c) | restrict the transfer or disposal of the specified equity interest; or | (d) | make any other direction the Controller considers appropriate. |
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(3) Where the person has acquired as a going concern a business mentioned in section 29S(1), the Controller may —(a) | direct the person to transfer or dispose of all or any part of the business within such period and subject to such conditions as the Controller may specify; | (b) | restrict the transfer or disposal of all or any part of the business; or | (c) | make any other direction the Controller considers appropriate. |
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(4) Before issuing any direction to a person under subsection (2) or (3), the Controller must, unless the Controller decides that it is not practicable or desirable to do so, give to the person written notice of the Controller’s intention to issue the direction and specify a date by which the person may make written representations with regard to the proposed direction. |
(5) On receipt of any written representation mentioned in subsection (4), the Controller must consider it for the purpose of determining whether to issue the proposed direction. |
(6) A person to whom a direction is issued under this section must comply with the direction. |
(7) Any person who contravenes subsection (6) shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $100,000 or to imprisonment for a term not exceeding 3 years or to both and, in the case of a continuing offence, to a further fine not exceeding $1,000 for every day or part of a day during which the offence continues after conviction. |
(8) The Controller may, at any time, rescind, vary or discharge any direction given by the Controller under this section or suspend the operation of any such direction. |
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Effect of remedial directions |
29U.—(1) Any direction issued to a person under section 29T takes effect despite the provisions of any other written law or anything contained in the memorandum or articles of association, trust deed or other constitution of the cruise terminal licensee.(2) Where any direction is issued under section 29T(2)(a) or (b), despite the provisions of any other written law or anything contained in the memorandum or articles of association, trust deed or other constitution, of the cruise terminal licensee —(a) | no voting right is exercisable in respect of the specified equity interest unless the Controller expressly permits the exercise of those rights; | (b) | the voting power that the person to whom the direction is issued controls, whether alone or together with that person’s associates, in the cruise terminal licensee is not exercisable unless the Board expressly permits that power to be exercised; | (c) | no equity interest of the cruise terminal licensee is to be issued or offered (whether by way of rights, bonus or otherwise) in respect of the specified equity interest unless the Controller expressly permits the issue or offer; and | (d) | except in a winding up of the cruise terminal licensee, no payment may be made by the cruise terminal licensee of any amount (whether by way of dividends or otherwise) in respect of the specified equity interest unless the Controller expressly authorises the payment, |
until the transfer or disposal is effected in accordance with the direction or until the direction is revoked, as the case may be. |
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Head office to be in Singapore |
29V.—(1) A cruise terminal licensee must ensure that its central management and control is ordinarily exercised at a place within Singapore.(2) A contravention of subsection (1) does not affect the validity of any transaction. |
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Subdivision (2) — Definitions |
Interpretation of this Division |
29W.—(1) In this Division, unless the context otherwise requires —“5% controller”, in relation to a cruise terminal licensee, means a person who, alone or together with the person’s associates —(a) | holds 5% or more of the total equity interests in; or | (b) | is in a position to control 5% or more of the voting power in, |
the cruise terminal licensee; |
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“25% controller”, in relation to a cruise terminal licensee, means a person who, alone or together with the person’s associates —(a) | holds 25% or more of the total equity interests in; or | (b) | is in a position to control 25% or more of the voting power in, |
the cruise terminal licensee; |
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“50% controller”, in relation to a cruise terminal licensee, means a person who, alone or together with the person’s associates —(a) | holds 50% or more of the total equity interests in; or | (b) | is in a position to control 50% or more of the voting power in, |
the cruise terminal licensee; |
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“acquisition” includes an agreement to acquire, but does not include —(a) | an acquisition by will or by devolution by operation of law; or | (b) | an acquisition by way of enforcement of a loan security; |
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“arrangement” includes any formal or informal scheme, arrangement or understanding, and any trust whether express or implied; |
“control” includes control as a result of, or by means of, trust, agreement, arrangement, understanding or practice, whether or not having legal or equitable force and whether or not based on legal or equitable rights; |
“director” has the meaning given by section 4(1) of the Companies Act 1967; |
“equity interest” means —(a) | in relation to a cruise terminal licensee that is a corporation — (i) | a voting share in that corporation; | (ii) | an interest in a voting share in that corporation; or | (iii) | any other legal or equitable interest in a voting share in that corporation except for such interest as is to be disregarded under section 7 of the Companies Act 1967; |
| (b) | in relation to a cruise terminal licensee that is a trustee‑manager of a business trust — a unit in that business trust; | (c) | in relation to a cruise terminal licensee that is a trustee of a trust other than a business trust — any right or interest, whether legal or equitable, in that trust (by whatever name called) which gives the holder of that right or interest voting power in that trust; and | (d) | in relation to any other cruise terminal licensee — any right or interest, whether legal or equitable, in that person which gives the holder of that right or interest voting power in that person, |
and includes such other interests, or such other interests in such other circumstances, as may be prescribed; |
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“increase” includes an increase from a starting point of nil; |
“indirect controller”, in relation to a cruise terminal licensee, means any person, whether acting alone or together with any other person, and whether with or without holding equity interests or controlling the voting power in the licensee —(a) | in accordance with whose directions, instructions or wishes the directors or other officers of the cruise terminal licensee are accustomed or under an obligation, whether formal or informal, to act; or | (b) | who is in a position to determine the policy of the cruise terminal licensee, |
but does not include any person in accordance with whose directions, instructions or wishes the directors or other officers of the cruise terminal licensee are accustomed to act by reason only that they act on advice given by the person in the person’s professional capacity; |
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“officer” —(a) | in relation to a corporation, includes —(i) | a director, a secretary or an employee of the corporation; | (ii) | a receiver and manager of any part of the undertaking of the corporation appointed under a power contained in any instrument; or | (iii) | a liquidator of the corporation appointed in a voluntary winding up; |
| (b) | in relation to a partnership, includes a partner of the partnership; and | (c) | in relation to a limited partnership or limited liability partnership, includes a partner or manager of the limited liability partnership, |
and includes (whether in relation to an entity mentioned in paragraph (a), (b) or (c) or any other entity) such other person as may be prescribed; |
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“relative”, in relation to a person, means —(a) | the person’s spouse; | (b) | a parent or remoter lineal ancestor of the person; | (c) | a son, daughter or remoter issue of the person; or | (d) | a brother or sister of the person; |
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“share”, in relation to a corporation, means a share in the share capital of the corporation, and includes —(a) | stock into which all or any of the share capital of the corporation has been converted; and | (b) | an interest in such a share or in such stock; |
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“treasury share” has the meaning given by section 4(1) of the Companies Act 1967; |
“voting share” has the meaning given by section 4(1) of the Companies Act 1967 but does not include a treasury share. |
(2) In this Division, a person is entitled to acquire anything if the person is absolutely or contingently entitled to acquire it, whether because of any constituent document of a corporation, the exercise of any right or option or for any other reason. |
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29X.—(1) Subject to subsection (3), the following persons are associates of a person:(a) | a relative of the person; | (b) | a partner of the person; | (c) | a corporation of which the person is an officer; | (d) | if the person is a corporation, an officer of the corporation; | (e) | an employee or employer of the person; | (f) | an officer of a corporation of which the person is an officer; | (g) | an employee of an individual of whom the person is an employee; | (h) | the trustee of a discretionary trust where the person or another person who is an associate of the person by virtue of another paragraph in this subsection benefits, or is capable (whether by exercise of a power of appointment or otherwise) of benefitting, under the trust, either directly or through interposed companies, partnerships or trusts; | (i) | a corporation whose directors are accustomed or under an obligation, whether formal or informal, to act in accordance with the directions, instructions or wishes of the person; | (j) | a corporation where the person is accustomed or under an obligation, whether formal or informal, to act in accordance with the directions, instructions or wishes of the corporation. |
(2) If a person (called the first person) enters, or proposes to enter, into an arrangement with another person (called the second person) that relates to any of the following matters:(a) | the first person and the second person being in a position, by acting together, to control any of the voting power in a cruise terminal licensee; | (b) | the power of the first person and the second person, by acting together, to appoint or remove a director of a cruise terminal licensee; | (c) | the situation where one or more of the directors of a cruise terminal licensee are accustomed or under an obligation, whether formal or informal, to act in accordance with the directions, instructions or wishes of the first person and the second person acting together, |
then, the second person is taken to be an associate of the first person for the purposes of the application of any provision in this Division in relation to the matter concerned. |
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(3) Regulations made under section 45 may provide —(a) | for persons to be associates in any other circumstances; and | (b) | that any person or class of persons is not an associate of another person for the purposes of any provision of this Part. |
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Meaning of “voting power” |
29Y.—(1) For the purposes of this Division, a reference to the voting power in a cruise terminal licensee is a reference to the total rights of the holders of equity interests in the cruise terminal licensee to vote, or participate in any decision‐making, concerning any of the following:(a) | the making of distributions of capital or profits of the cruise terminal licensee to holders of its equity interests; | (b) | the memorandum or articles of association of the cruise terminal licensee, or any rules or other documents constituting the cruise terminal licensee or governing its activities; | (c) | any variation of the share capital of the cruise terminal licensee. |
(2) Where a cruise terminal licensee is a corporation limited both by shares and by guarantee or does not have a share capital, subsection (1) has effect as if the members or policy holders of the corporation were shareholders in the corporation. |
(3) A reference in this Division to control of a percentage of the voting power in a cruise terminal licensee is a reference to control that is direct or indirect, including control that is exercisable as a result of or by means of arrangements or practices, whether or not having legal or equitable force and whether or not based on legal or equitable rights, of that percentage of the total number of votes that may be cast in a general meeting of the cruise terminal licensee. |
(4) If the percentage of total rights to vote or participate in decision‑making differs as between different types of voting or decision‑making, the highest of those percentages applies for the purposes of this Division. |
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What it means to hold equity interest |
29Z.—(1) A person holds an equity interest under this Division if the person —(a) | has or is deemed to have an equity interest in accordance with subsections (2) to (8); or | (b) | has any legal or equitable interest in the equity interest. |
(2) Subject to subsection (3), a person has an equity interest if the person has authority (whether formal or informal, or express or implied) to dispose of, or to exercise control over the disposal of, that equity interest. |
(3) It is immaterial that the authority of a person to dispose of, or to exercise control over the disposal of, the equity interest mentioned in subsection (2) is, or is capable of being made, subject to restraint or restriction. |
(4) It is immaterial, for the purposes of determining whether a person has an equity interest, that the interest cannot be related to a particular share, an interest, a right or a unit that gives its holder voting power. |
(5) A person is deemed to have an equity interest if —(a) | any property held in trust consists of or includes the equity interest; and | (b) | the person knows, or has reasonable grounds for believing, that the person has an interest under that trust. |
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(6) A person is also deemed to have an equity interest if —(a) | the person has entered into a contract to purchase the equity interest; | (b) | the person has a right (otherwise than because of having an interest under a trust) to have the equity interest transferred to the person or to the person’s order (whether the right is exercisable presently or in the future and whether or not on the fulfilment of a condition); | (c) | the person has a right to acquire the equity interest, or an interest in the equity interest, under an option (whether the right is exercisable presently or in the future and whether or not on the fulfilment of a condition); or | (d) | the person is entitled (otherwise than because of having been appointed as a proxy or representative to vote at a meeting of members of the corporation or of a class of its members) to exercise or control the exercise of a right attached to the equity interest, not being an equity interest in which that person has a legal or equitable interest. |
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(7) A person is not to be deemed as not having an equity interest by reason only that the person has the equity interest jointly with another person. |
(8) An equity interest is not to be disregarded only because of —(a) | its remoteness; | (b) | the manner in which it arose; or | (c) | the fact that the exercise of a right conferred by the equity interest is, or is capable of being made, subject to restraint or restriction. |
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Certain equity interests to be disregarded |
29ZA. Regulations made under section 45 may provide that any equity interest is to be disregarded for the purposes of any provision in this Division. |
Division 5 — Special administration orders |
Meaning and effect of special administration order |
29ZB.—(1) A special administration order is an order of the Minister made in accordance with section 29ZC in relation to a cruise terminal licensee that is an entity, a trustee‑manager of a business trust or a trustee of a trust and directing that, during the period for which the order is in force, the affairs, business and property of the cruise terminal licensee, and of the business trust or the trust (as the case may be), are to be managed by the Board —(a) | for the achievement of all or any of the purposes of such an order; and | (b) | in a manner which protects the respective interests of the shareholders, unitholders or beneficiaries (as the case may be), and the creditors and customers of the cruise terminal licensee. |
(2) The purposes of a special administration order made in relation to any cruise terminal licensee are —(a) | the availability and reliability of the provision of cruise port services and facilities to the public; | (b) | the survival of the cruise terminal licensee, and of the business trust or the trust (as the case may be), or the whole or part of its undertaking as a going concern; | (c) | the transfer, as a going concern —(i) | to another entity or the Board; or | (ii) | (as respects different parts of the area to which the cruise terminal licence relates, or different parts of its undertaking) to 2 or more entities, or to one or more entities and the Board, |
of so much of the cruise terminal licensee’s undertaking as is necessary to transfer in order to ensure that the functions which have been vested in the cruise terminal licensee by virtue of its cruise terminal licence may be properly carried out; and |
| (d) | the carrying out of those functions pending the making of the transfer and the vesting of those functions in the other entity or entities or the Board (whether by virtue of the transfer or of an authorisation or a variation which replaces the former cruise terminal licensee as a cruise terminal licensee). |
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(3) The Minister may make regulations for giving effect to this Division, including —(a) | regulations governing the transfer of a business or an undertaking mentioned in subsection (2)(c); and | (b) | where a special administration order is made in respect of a cruise terminal licensee that is a corporation, regulations applying, omitting or modifying provisions of Parts 7 and 9 of the Insolvency, Restructuring and Dissolution Act 2018. |
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(4) In this section, “entity” means a sole proprietorship, partnership, corporation or other body of persons, whether corporate or unincorporate. |
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Special administration order made on application by Board |
29ZC.—(1) If, on an application made to the Minister by the Board, the Minister is satisfied in relation to a cruise terminal licensee that any one or more of the grounds specified in subsection (2) are satisfied in relation to the cruise terminal licensee, the Minister may make any one or more of the following orders:(a) | a special administration order in relation to the cruise terminal licensee; | (b) | an order requiring the cruise terminal licensee to immediately take any action or to do or not to do any act or thing in relation to its business as the Minister may consider necessary; | (c) | an order appointing a person to advise the cruise terminal licensee on the proper conduct of its business. |
(2) The grounds mentioned in subsection (1) are that —(a) | the cruise terminal licensee is or is likely to be unable to pay its debts; | (b) | the Minister considers it in the interest of the availability and reliability of the provision of cruise port services and facilities to the public; or | (c) | the Minister otherwise considers it in the public interest. |
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(3) Notice of any application under subsection (1) must be given immediately by the Board to such persons and in such manner as may be prescribed. |
(4) Any decision of the Minister under subsection (1) is final. |
(5) For the purposes of this section —(a) | a cruise terminal licensee that is a company is unable to pay its debts if it is deemed to be unable to pay its debts under section 125(2) of the Insolvency, Restructuring and Dissolution Act 2018; | (b) | a cruise terminal licensee that is an unregistered company is unable to pay its debts if it is deemed to be unable to pay its debts under section 246(2) of the Insolvency, Restructuring and Dissolution Act 2018; and | (c) | a cruise terminal licensee that is a limited liability partnership is unable to pay its debts if it is deemed to be unable to pay its debts under paragraph 3(2) of the Fifth Schedule to the Limited Liability Partnerships Act 2005. |
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(6) Where the Minister issues an order to a person under subsection (1) and the person fails to comply with that order, the person shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $10,000 or to imprisonment for a term not exceeding 3 years or to both and, in the case of a continuing offence, to a further fine not exceeding $1,000 for every day or part of a day during which the offence continues after conviction. |
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Transfer of property, etc., under special administration order |
29ZD.—(1) Without affecting sections 29ZB and 29ZC, a special administration order may provide for the following matters:(a) | the transfer to one or more transferees of —(i) | where the cruise terminal licensee is not a trustee‑manager of a business trust or a trustee of a trust — the property, rights and liabilities of the cruise terminal licensee; | (ii) | where the cruise terminal licensee is a trustee‑manager of a business trust — the trust property of the registered business trust, and the rights held and the liabilities incurred by the trustee‑manager in the capacity of trustee‑manager of the business trust; or | (iii) | where the cruise terminal licensee is a trustee of a trust — the trust property of the trust, and the rights held and the liabilities incurred by the trustee in the capacity of trustee of the designated trust, |
| (b) | matters that are consequential or related to any such transfer. |
(2) If the Minister makes a special administration order providing for any matter referred to in subsection (1), the Minister must, within 6 months after the making of the order, by notification in the Gazette, establish a scheme for determining the amount of any compensation payable to the cruise terminal licensee for the transfer of its property, rights and liabilities. |
(3) A scheme established under subsection (2) may provide for —(a) | the manner in which any compensation or consideration is to be assessed, including methods of calculation, valuation dates and matters to be taken into account or disregarded when making valuations; | (b) | the assessment to be made by an independent valuer appointed by the Minister; and | (c) | the remuneration and expenses of the independent valuer. |
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Remuneration and expenses of Board and others |
29ZE.—(1) Where a special administration order has been made under section 29ZC(1)(a) in relation to a cruise terminal licensee, the Board may, at any time, whether or not the order is still in force, fix the remuneration and expenses to be paid by the cruise terminal licensee to the Board for the management by the Board of the affairs, business and property of the cruise terminal licensee, or of the business trust or the trust (as the case may be) pursuant to the special administration order.(2) The Board may at any time (whether or not the appointment of the person has terminated) fix the remuneration and expenses to be paid by a cruise terminal licensee to any person appointed by the Minister under section 29ZC(1)(c) to advise the cruise terminal licensee in the proper conduct of its business. |
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Division 6 — Restrictions on winding up, etc. |
Restrictions on winding up, etc. |
29ZF.—(1) Despite any other written law —(a) | a cruise terminal licensee that is a corporation, a limited liability partnership, a trustee‑manager of a business trust or a trustee of a trust must not be wound up, dissolved or terminated voluntarily without the consent of the Board; | (b) | a cruise terminal licensee that is a partnership cannot be dissolved —(i) | by a partner giving notice to the other partner or other partners (as the case may be) of the partner’s intention to dissolve the partnership; or | (ii) | by the partners agreeing to dissolve the partnership, |
without the consent of the Board; |
| (c) | a person must not make any application under section 210 of the Companies Act 1967 or section 71 of the Insolvency, Restructuring and Dissolution Act 2018 in relation to a cruise terminal licensee that is a company, unless that person has served on the Board 14 days’ written notice of that person’s intention to make that application; | (d) | no judicial management order under Part 7 of the Insolvency, Restructuring and Dissolution Act 2018 may be made in relation to a cruise terminal licensee that is a company without the consent of the Board; | (e) | no interim judicial manager or judicial manager may be appointed under section 94 of the Insolvency, Restructuring and Dissolution Act 2018 in respect of a cruise terminal licensee that is a company without the consent of the Board; | (f) | a person must not take any step to enforce any security over the property of the cruise terminal licensee, business trust or trust (as the case may be) unless that person has served on the Board 14 days’ written notice of that person’s intention to take that step; and | (g) | a person must not take any step to enforce any judgment or order of court obtained against a cruise terminal licensee, unless that person has served on the Board 14 days’ written notice of that person’s intention. |
(2) The Board must be a party to —(a) | any proceedings relating to the making of an order under section 210 of the Companies Act 1967 or section 71 of the Insolvency, Restructuring and Dissolution Act 2018 in relation to a cruise terminal licensee that is a company; | (b) | any proceedings relating to the making of a judicial management order under the Insolvency, Restructuring and Dissolution Act 2018 in relation to a cruise terminal licensee that is a company; | (c) | any proceedings under the Insolvency, Restructuring and Dissolution Act 2018 relating to the winding up of the affairs of a cruise terminal licensee that is a company or an unregistered company; | (d) | any proceedings under the Limited Liability Partnerships Act 2005 relating to the winding up of the affairs of a cruise terminal licensee that is a limited liability partnership; and | (e) | any proceedings before any court for the winding up, dissolution or termination (as the case may be) of any cruise terminal licensee not mentioned in paragraph (c) or (d), or of any business trust or trust for which the cruise terminal licensee is the trustee‑manager or trustee. |
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(3) A court must, when deciding any proceedings mentioned in subsection (2), take into consideration any representations made by the Board in those proceedings. |
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Division 7 — Miscellaneous |
Power to publish information |
29ZG. The Controller may, where the Controller thinks it necessary or expedient in the interest of the public or pursuant to any function of the Controller, and in such form and manner as the Controller thinks fit, publish or require a cruise terminal licensee to publish information, including in relation to —(a) | the charges, or the parameters and policies affecting the charges, applicable to the utilisation of cruise port services and facilities; | (b) | the policies, instructions or frameworks relating to the allocation of berth slots; | (c) | the behaviour of, performance of or compliance by a cruise terminal licensee in respect of any licence conditions, standards of performance and procedures, and policies or requirements, applicable to the licensee and any regulatory action taken by the Controller against the licensee under this Part or regulations made for the purposes of this Part; and | (d) | cruise ship calls to Singapore and local and foreign cruise passenger throughput (including disembarkation, embarkation, and transit passengers).”. |
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