Regulation of Imports and Exports (Licensing) Regulations

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1 Citation

Regulation of Imports and Exports Act

(Chapter 272A, Section 3)

Regulation of Imports and Exports (Licensing) Regulations

Rg 2

G.N. No. S 531/1995

REVISED EDITION 1995

(1st December 1995)

[1st December 1995]

Citation

1. These Regulations may be cited as the Regulation of Imports and Exports (Licensing) Regulations.

Goods to be imported under licence

2.—(1) No person shall import any goods specified in the Schedule except under a licence granted by the Board.

(2) Any person who contravenes this regulation shall be guilty of an offence and shall be liable —

(a)	on the first conviction to a fine not exceeding $100,000 or 3 times the value of the goods in respect of which the offence was committed, whichever is the greater, or to imprisonment for a term not exceeding 2 years or to both; and
(b)	on the second or subsequent conviction to a fine not exceeding $200,000 or 4 times the value of the goods in respect of which the offence was committed, whichever is the greater, or to imprisonment for a term not exceeding 3 years or to both.

Application for licence

3.—(1) An application for a licence under these Regulations shall be —

(a)	made to the Board before any order is placed with the supplier of the goods;
(b)	in such form and manner as may be determined by the Board; and
(c)	accompanied by the prescribed fee.

(2) The applicant shall provide the Board with any further document or information that the Board may require in a particular case.

(3) A licence granted by the Board under this regulation shall be subject to such conditions as the Board may impose.

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