No. S 570
Corruption, Drug Trafficking
and Other Serious Crimes
(Confiscation of Benefits) Act
(CHAPTER 65A)
Corruption, Drug Trafficking
and Other Serious Crimes
(Cross Border Movements of Physical Currency
and Bearer Negotiable Instruments)
(Amendment) Regulations 2014
In exercise of the powers conferred by sections 48C, 48E and 64 of the Corruption, Drug Trafficking and Other Serious Crimes (Confiscation of Benefits) Act, the Minister for Home Affairs hereby makes the following Regulations:
Citation and commencement
1.  These Regulations may be cited as the Corruption, Drug Trafficking and Other Serious Crimes (Cross Border Movements of Physical Currency and Bearer Negotiable Instruments) (Amendment) Regulations 2014 and shall come into operation on 1 September 2014.
New regulation 2A
2.  The Corruption, Drug Trafficking and Other Serious Crimes (Cross Border Movements of Physical Currency and Bearer Negotiable Instruments) Regulations 2007 (G.N. No. S 595/2007) are amended by inserting, immediately after regulation 2, the following regulation:
Prescribed amount under section 48C(1) of Act
2A.  For the purposes of section 48C(1) of the Act, the prescribed amount is $20,000.”.
New regulation 4A
3.  The Corruption, Drug Trafficking and Other Serious Crimes (Cross Border Movements of Physical Currency and Bearer Negotiable Instruments) Regulations 2007 are amended by inserting, immediately after regulation 4, the following regulation:
Prescribed amount under section 48E(1) of Act
4A.  For the purposes of section 48E(1) of the Act, the prescribed amount is $20,000.”.
Made on 26 August 2014.
TAN TEE HOW
Permanent Secretary,
Ministry of Home Affairs,
Singapore.
[MHA112/2/0109; AG/LLRD/SL/65A/2010/6 Vol. 1]