Statute Details
- Title: Terrorism (Suppression of Financing) (Exemption from Prohibition against Dealing) (No. 16) Order 2013
- Full Title: Terrorism (Suppression of Financing) (Exemption from Prohibition against Dealing) (No. 16) Order 2013
- Act Code: TSFA2002-S435-2013
- Type: sl
- Commencement Date: 15 Jul 2013
- Parts: N/A
- Key Sections: 1, 2
- Related Legislation: Terrorism (Suppression of Financing) Act
What Is This Legislation About?
The Terrorism (Suppression of Financing) (Exemption from Prohibition against Dealing) (No. 16) Order 2013 is a subsidiary legislation issued under the Terrorism (Suppression of Financing) Act of Singapore. It provides a limited exemption from the prohibition on dealing with property related to terrorism financing for two specific individuals.
The key purpose of this Order is to allow Azman Bin Jalani and Sharifah Bee Binte Abdul Razak to receive and use a cash prize of $100 that Azman Bin Jalani won from a Medisave Lucky Draw organized by the Central Provident Fund Board. This exemption is granted despite the general prohibition on dealing with property that may be connected to terrorism financing under the parent Act.
What Are the Key Provisions?
The Terrorism (Suppression of Financing) (Exemption from Prohibition against Dealing) (No. 16) Order 2013 contains two main provisions:
Section 2(1): This section exempts Azman Bin Jalani and Sharifah Bee Binte Abdul Razak from the application of Section 6 of the Terrorism (Suppression of Financing) Act in respect of the receipt of the $100 cash prize that Azman Bin Jalani won from the Medisave Lucky Draw. The exemption is subject to the condition that the cash prize must be deposited into Sharifah Bee Binte Abdul Razak's bank account as specified in the notice of exemption.
Section 2(2): This section further exempts Sharifah Bee Binte Abdul Razak from the application of Section 6 of the Terrorism (Suppression of Financing) Act in respect of any withdrawal from the designated bank account and the use of the withdrawn sums. This additional exemption is also subject to the conditions stated in the notice of exemption.
Section 2(3) clarifies that the exemption for the use of the withdrawn sums is subject to the conditions stated in the notice of exemption referred to in Section 2(1).
How Is This Legislation Structured?
The Terrorism (Suppression of Financing) (Exemption from Prohibition against Dealing) (No. 16) Order 2013 is a short, two-section subsidiary legislation. The first section provides the citation and commencement details, while the second section contains the substantive exemptions granted.
There are no further parts or divisions within the Order. The legislation is focused solely on providing the specific exemption for Azman Bin Jalani and Sharifah Bee Binte Abdul Razak in relation to the $100 Medisave Lucky Draw prize.
Who Does This Legislation Apply To?
The Terrorism (Suppression of Financing) (Exemption from Prohibition against Dealing) (No. 16) Order 2013 applies specifically to two individuals:
Azman Bin Jalani (NRIC No. S1624672G) and Sharifah Bee Binte Abdul Razak (NRIC No. S1698772G).
The exemption granted by this Order is limited to the receipt, deposit, withdrawal, and use of the $100 cash prize that Azman Bin Jalani won from the Medisave Lucky Draw organized by the Central Provident Fund Board. No other individuals or transactions are covered by this legislation.
Why Is This Legislation Important?
The Terrorism (Suppression of Financing) (Exemption from Prohibition against Dealing) (No. 16) Order 2013 is an important piece of legislation as it provides a targeted exemption from the general prohibition on dealing with property related to terrorism financing under the Terrorism (Suppression of Financing) Act.
The Terrorism (Suppression of Financing) Act imposes strict controls on financial transactions and dealings to prevent the financing of terrorist activities. Section 6 of the Act prohibits any person from dealing with property knowing or having reasonable grounds to suspect that the property is linked to terrorism financing.
By issuing this Order, the Minister for Home Affairs has exercised the exemption power under Section 7(1) of the Terrorism (Suppression of Financing) Act to allow Azman Bin Jalani and Sharifah Bee Binte Abdul Razak to receive, deposit, withdraw, and use the $100 Medisave Lucky Draw prize, despite the general prohibition. This demonstrates the flexibility in the legislation to provide targeted exemptions in appropriate circumstances.
The enforcement of the Terrorism (Suppression of Financing) Act is crucial to Singapore's efforts to combat terrorism financing and maintain financial system integrity. However, this Order shows that the government is willing to grant limited exemptions where the specific circumstances warrant it and the conditions can be appropriately managed.
Related Legislation
- Terrorism (Suppression of Financing) Act
Source Documents
This article provides an overview of the Terrorism (Suppression of Financing) (Exemption from Prohibition against Dealing) (No. 16) Order 2013 for legal research and educational purposes. It does not constitute legal advice. Readers should consult the official text for authoritative provisions.