Consumer Protection (Fair Trading) (Notifiable Events) Regulations 2016

Status:

Published in Subsidiary Legislation Supplement
on 08 Dec 2016

No. S 626

Consumer Protection (Fair Trading) Act

(CHAPTER 52A)

Consumer Protection (Fair Trading)
(Notifiable Events) Regulations 2016

In exercise of the powers conferred by section 20 of the Consumer Protection (Fair Trading) Act, the Minister for Trade and Industry (Industry) makes the following Regulations:

Citation and commencement

1. These Regulations are the Consumer Protection (Fair Trading) (Notifiable Events) Regulations 2016 and come into operation on 9 December 2016.

Notifiable events

2.—(1) The following events are prescribed for the purposes of section 9(4)(d)(viii) of the Act:

(a)

a change in the name of the supplier or the name under which the supplier is carrying on business;

(b)

the establishing by a supplier of a website or a mobile application, or an equivalent, that allows the supplier to enter into consumer transactions through the Internet;

(c)

the first consumer transaction by the supplier with a consumer using the Internet;

(d)

the supplier ceases to enter into any consumer transaction through the Internet;

(e)

any arrangement by the supplier to participate in a trade fair;

(f)

if the supplier adopts for the supplier’s business a new name, symbol or design, any arrangement by the supplier to carry out any activity for the purpose of identifying the supplier’s business with that new name, symbol or design;

(g)

a sale of the supplier’s business;

(h)

where the supplier is a company, there is —

(i)	a change in the board of directors of the supplier; or
(ii)	a change in the person or persons who hold directly or indirectly 15% or more of the total voting power or total issued shares in the supplier;

(i)

where the supplier is a partnership or limited partnership, there is a change in the partners of the supplier;

(j)

any of the following persons enters into an arrangement under which that person holds on behalf of another person any profits, gains or dividends derived from the carrying on of the supplier’s business:

(i)	if the supplier is a sole proprietorship, the sole proprietor;
(ii)	if the supplier is a partnership or limited partnership, any partner of the supplier;
(iii)	if the supplier is a company, any shareholder of the supplier.

(2) In this regulation —

“mobile application” means a software application that operates on mobile devices such as smartphones and tablet computers;

“trade fair” means an exhibition for participating suppliers to do either or both of the following:

(a)	showcase and demonstrate their goods or services;
(b)	enter into consumer transactions with consumers.

Made on 8 December 2016.

LOH KHUM YEAN

Permanent Secretary,
Ministry of Trade and Industry,
Singapore.

[MTI/121/14-005PT VOL029; AG/LEGIS/SL/52A/2015/3 Vol. 1]

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