Statute Details
- Title: Terrorism (Suppression of Financing) (Exemption from Prohibition against Dealing) (No. 7) Order 2013
- Full Title: Terrorism (Suppression of Financing) (Exemption from Prohibition against Dealing) (No. 7) Order 2013
- Act Code: TSFA2002-S426-2013
- 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. 7) Order 2013 is a subsidiary legislation issued under the Terrorism (Suppression of Financing) Act of Singapore. It provides a limited exemption from the general prohibition against dealing with property related to terrorist financing.
The key purpose of this Order is to allow the Great Eastern Life Assurance Co Ltd to make a payment of an accident injury claim to an individual, Mohamed Abdul Khader Mohamed Khan, despite the fact that the original claimant was Mohamed Ellias s/o Mohamed Khan. This exemption is granted subject to specific conditions outlined in the Order.
What Are the Key Provisions?
The Terrorism (Suppression of Financing) (Exemption from Prohibition against Dealing) (No. 7) Order 2013 contains two main provisions:
1. Exemption for Great Eastern Life Assurance Co Ltd (Section 2(1))
This provision exempts the Great Eastern Life Assurance Co Ltd from the application of Section 6 of the Terrorism (Suppression of Financing) Act in respect of the payment of an accident injury claim amounting to $439.73 and any interest thereon. The payment is to be made to Mohamed Abdul Khader Mohamed Khan (NRIC No. S0253878D), instead of the original claimant Mohamed Ellias s/o Mohamed Khan (NRIC No. S7202661F). This exemption is subject to the condition that the moneys are deposited in the bank account of Mohamed Abdul Khader Mohamed Khan as designated in the notice of exemption issued on 15 July 2013.
2. Exemption for Mohamed Abdul Khader Mohamed Khan (Section 2(2))
This provision exempts Mohamed Abdul Khader Mohamed Khan from the application of Section 6 of the Terrorism (Suppression of Financing) Act in respect of: (a) Any withdrawal from the bank account designated in the notice of exemption; and (b) The use of the sums withdrawn from that account. The exemption for the activity described in Section 2(2)(b) 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. 7) Order 2013 is a short piece of subsidiary legislation consisting of only two sections:
1. Citation and commencement (Section 1)
This section provides the title of the Order and states that it shall come into operation on 15 July 2013.
2. Exemption (Section 2)
This section contains the two key exemptions granted by the Order, as described in the previous section.
Who Does This Legislation Apply To?
The Terrorism (Suppression of Financing) (Exemption from Prohibition against Dealing) (No. 7) Order 2013 applies to the following parties:
1. Great Eastern Life Assurance Co Ltd
The Order exempts this company from the prohibition against dealing with property related to terrorist financing, specifically in relation to the payment of an accident injury claim to Mohamed Abdul Khader Mohamed Khan.
2. Mohamed Abdul Khader Mohamed Khan
The Order also exempts this individual from the prohibition against dealing with property related to terrorist financing, in respect of withdrawing and using the funds from the designated bank account where the accident injury claim payment is deposited.
Why Is This Legislation Important?
The Terrorism (Suppression of Financing) (Exemption from Prohibition against Dealing) (No. 7) Order 2013 is an important piece of legislation as it demonstrates the Singapore government's efforts to balance the need to suppress the financing of terrorism with the need to ensure fair and lawful treatment of individuals.
Section 6 of the Terrorism (Suppression of Financing) Act generally prohibits any person from dealing with property known or believed to be owned or controlled by terrorists or terrorist organizations. This Order provides a limited exemption to this prohibition, allowing the payment of a legitimate claim to an individual who is not the original claimant, but is the rightful recipient of the funds.
The conditions attached to the exemptions, such as the requirement to deposit the funds in a designated bank account, also show the government's efforts to ensure that the exemption is granted in a controlled and monitored manner, minimizing any potential risks of the funds being misused for terrorist financing.
Overall, this Order highlights Singapore's commitment to upholding the rule of law and protecting individual rights, while also maintaining robust measures to combat the financing of terrorism.
Related Legislation
- Terrorism (Suppression of Financing) Act (Chapter 325)
Source Documents
This article provides an overview of the Terrorism (Suppression of Financing) (Exemption from Prohibition against Dealing) (No. 7) Order 2013 for legal research and educational purposes. It does not constitute legal advice. Readers should consult the official text for authoritative provisions.