Debt Collection (General) Regulations 2023 - Singapore Statutes Online

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Debt Collection (General) Regulations 2023

Table of Contents

Enacting Formula

Part 1 PRELIMINARY

1 Citation and commencement

2 Definition

Part 2 LICENCES, ETC.

3 Application for renewal of licence

4 Grant or renewal of licence

5 Prescribed website

Part 3 APPROVAL FOR LICENSEES TO DEPLOY INDIVIDUALS AS DEBT COLLECTORS

6 Approval for licensee to deploy individual as debt collector

7 Issue of approval letter

8 Notification of cessation of deployment of debt collectors

Part 4 DUTIES AND RESPONSIBILITIES OF LICENSEES

9 Collection of debt must be pursuant to written agreement

10 Duty to put in place certain measures

11 Keeping of records

12 Notification of cessation of debt collection business

Part 5 DUTIES AND RESPONSIBILITIES OF DEBT COLLECTORS OF LICENSEES

13 Production of approval letter, etc.

Part 6 RESTRICTIONS ON DEBT COLLECTION

14 Requirements to be satisfied before debt may be collected

15 Prohibition against collecting debt under certain circumstances

16 Prohibited debt collection activities

17 Fees

18 Penalty

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