Corruption, Drug Trafficking and Other Serious Crimes (Confiscation of Benefits) (Miscellaneous Amendments) Order 2023

No. S 490

Corruption, Drug Trafficking
and Other Serious Crimes
(Confiscation of Benefits)
Act 1992

Corruption, Drug Trafficking
and Other Serious Crimes
(Confiscation of Benefits)
(Miscellaneous Amendments)
Order 2023

In exercise of the powers conferred by section 65 of the Corruption, Drug Trafficking and Other Serious Crimes (Confiscation of Benefits) Act 1992, the Minister for Home Affairs makes the following Order:

Citation and commencement

1. This Order is the Corruption, Drug Trafficking and Other Serious Crimes (Confiscation of Benefits) (Miscellaneous Amendments) Order 2023 and is deemed to have come into operation on 31 December 2021.

Amendment of Corruption, Drug Trafficking and Other Serious Crimes (Cross Border Movements of Physical Currency and Bearer Negotiable Instruments) (Exemption) Order 2007

2. In the Corruption, Drug Trafficking and Other Serious Crimes (Cross Border Movements of Physical Currency and Bearer Negotiable Instruments) (Exemption) Order 2007 (G.N. No. S 596/2007) —

(a)	in paragraph 2(1), in the definition of “bearer payment account”, delete “(Act 2 of 2019)”;
(b)	in paragraph 2(1), in the definition of “capital markets products”, replace “(Cap. 289)” with “2001”;
(c)	in paragraph 2(1), in the definition of “free trade zone”, replace “(Cap. 114)” with “1966”;
(d)	in paragraph 2(1), in the definition of “local financial institution”, in paragraph (a), replace “(Cap. 19)” with “1970”;
(e)	in paragraph 2(1), in the definition of “local financial institution”, in paragraph (b), replace “(Cap. 186)” with “1970”;
(f)	in paragraph 2(1), in the definition of “local financial institution”, in paragraph (c), replace “(Cap. 108)” with “1967”;
(g)	in paragraph 2(1), in the definition of “local financial institution”, in paragraph (d), after “Securities and Futures Act”, insert “2001”;
(h)	in paragraph 2(1), in the definition of “local financial institution”, in paragraph (e), replace “(Cap. 142)” with “1966”;
(i)	in paragraph 2(1), in the definition of “providing custodial services for securities”, after “Securities and Futures Act”, insert “2001”;
(j)	in paragraph 3(1) and (2)(e), replace “section 48C” with “section 60”; and
(k)	in paragraph 3(2), replace “section 48E” with “section 62”.

Amendment of Corruption, Drug Trafficking and Other Serious Crimes (Cross Border Movements of Physical Currency and Bearer Negotiable Instruments) (Exemption) Order 2010

3. In the Corruption, Drug Trafficking and Other Serious Crimes (Cross Border Movements of Physical Currency and Bearer Negotiable Instruments) (Exemption) Order 2010 (G.N. No. S 45/2010) —

(a)	in paragraph 2, in the definition of “casino operator”, replace “(Cap. 33A)” with “2006”; and
(b)	in paragraph 3, replace “section 48E” with “section 62”.

Made on 27 June 2023.

PANG KIN KEONG

Permanent Secretary,
Ministry of Home Affairs,
Singapore.

[MHA 112/2/00109; AG/LEGIS/SL/65A/2020/4 Vol. 1]

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