PART III
MISCELLANEOUS
Surrender of licence
26.  Where a licence has been revoked by the Board under section 11 of the Act, the licensee shall surrender the licence to the Board within 7 days after the date the order for revocation of the licence takes effect.
Settlement of disputes
27.—(1)  No licensee shall wilfully refuse or without reasonable excuse neglect to settle a dispute between the licensee and a client concerning —
(a)the cancellation of any booking of a tour or vacation; or
(b)the contractual obligations, whether express or implied, of the licensee in respect of a tour or vacation.
(2)  Where the licensee has reached a settlement with the client under paragraph (1), the licensee shall inform the Board in writing of the terms of the settlement within 7 days from the date of settlement of the dispute.
(3)  Where a mutual settlement has been reached between the licensee and the client, the licensee shall faithfully observe and comply with the terms of the settlement.
Prescribed activity
28.  For the purposes of section 4(1)(d) of the Act, a person who arranges or conducts tours within or outside Singapore carries out a prescribed activity.
Penalty
29.  Any person who contravenes any provision of this Part or Part II shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $5,000 or to imprisonment for a term not exceeding 6 months or to both.
Composition of offences
30.  The offences under regulations 5, 6, 13, 14, 15, 16, 17, 19, 20, 21, 24 and 27 each read with regulation 29 may be compounded by the Board in accordance with section 27 of the Act.