Page:Organised Crime Act 2015.pdf/49

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50
NO. 26 OF 2015


liable on conviction to a fine not exceeding $10,000 or to imprisonment for a term not exceeding 2 years or to both.

(6) A person disqualified under this section may, upon giving the Minister responsible for the administration of Part V of the Companies Act not less than 14 days' notice, apply for leave—

(a) to act as a director of a company or of a foreign company to which Division 2 of Part XI of the Companies Act applies; or
(b) to take part, whether directly or indirectly, in the management of such a company or foreign company.

(7) Upon the hearing of any application made under subsection (6), the Minister may be represented at the hearing and may oppose the granting of the application.

PART 7
POWERS TO INVESTIGATE AND TO OBTAIN INFORMATION FROM COMPTROLLER OF INCOME TAX AND COMPTROLLER OF GOODS AND SERVICES TAX

Powers of law enforcement officers

40.—(1) A law enforcement officer may investigate any offence under this Act which is disclosed in the course of investigating into any other offence under any other written law which charges the law enforcement officer with the duty of investigating that other offence.

(2) A law enforcement officer may also investigate any offence under section 26, 39 or 73(12), or any offence under section 33 or 34(6) of the Corruption, Drug Trafficking and other Serious Crimes (Confiscation of Benefits) Act (Cap. 65A) as applied by section 72.

(3) If—

(a) a law enforcement officer conducts an investigation into any offence under this Act pursuant to subsection (1); and
(b) in the course of the investigation, no offence is disclosed under the other written law charging the law enforcement officer with the duty of investigating offences under the other written law,