No. S 552
Moneylenders Act
(Chapter 188)
Moneylenders (Composition of Offences) Rules 2004
In exercise of the powers conferred by section 37 of the Moneylenders Act read with section 199A of the Criminal Procedure Code (Cap. 68), the Minister for Law hereby makes the following Rules:
Citation and commencement
1.  These Rules may be cited as the Moneylenders (Composition of Offences) Rules 2004 and shall come into operation on 1st September 2004.
Compoundable offences
2.—(1)  The following offences may be compounded by the Registrar in accordance with section 199A of the Criminal Procedure Code:
(a)any offence under section 11, 12, 13(5), 14(2), 16(3), (4) or (7), 19(7), 20(4) or (5), 25(3) or 28(1) of the Act; and
(b)any offence under the Moneylenders (Prevention of Money Laundering and Financing of Terrorism) Rules 2007 (G.N. No. S 607/2007).
[S 606/2007 wef 12/11/2007]
(2)  The Registrar may compound any of the offences specified in paragraph (1) by collecting from the person reasonably suspected of having committed the offence a sum of money not exceeding $2,000 or one-half of the maximum fine prescribed for the offence, whichever is the lower.

Made this 31st day of August 2004.

LIEW HENG SAN
Permanent Secretary,
Ministry of Law,
Singapore.
[LAW 25/001/001; AG/LEG/SL/188/2004/1 Vol.1]
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