(a) by deleting subsection (1) and substituting the following subsection: A person falling within any description of persons “(1) prescribed by regulations made under section 105P (called in this section a prescribed person) must — (a) at such times and frequency as may be prescribed by those regulations or as the Comptroller may in any particular case allow; and (b) in such form and manner as may be prescribed by those regulations or as the Comptroller may in any particular case allow, provide the Comptroller, or such person as may be authorised by the Comptroller, information of a description prescribed by those regulations.”; (b) by deleting the of secrecy” in subsection (2) and “duty substituting the words not to collect, use or disclose “duty that information”; (c) by deleting subsection (3) and substituting the following subsection: A prescribed person who in good faith does any “(3) act for the purpose of complying with subsection (1) is not to be treated as being in breach of any duty mentioned in subsection (2).”; and (d) by inserting, immediately after the word in “and” subsection (4)(b), the words the purpose of, or”. “for [Gazette date] Amendment of section 105N 45. Section 105N(2) of the principal Act is amended by deleting paragraph (d) and substituting the following paragraph: the Comptroller may authorise any person (including “(d) an officer of the Monetary Authority of Singapore) section 4(1) to perform or assist in the
(a) by deleting subsection (1) and substituting the following subsection: “(1) A person falling within any description of persons prescribed by regulations made under section 105P (called in this section a prescribed person) must — (a) at such times and frequency as may be prescribed by those regulations or as the Comptroller may in any particular case allow; and (b) in such form and manner as may be prescribed by those regulations or as the Comptroller may in any particular case allow, provide the Comptroller, or such person as may be authorised by the Comptroller, information of a description prescribed by those regulations.”; (b) by deleting the “duty of secrecy” in subsection (2) and substituting the words “duty not to collect, use or disclose that information”; (c) by deleting subsection (3) and substituting the following subsection: “(3) A prescribed person who in good faith does any act for the purpose of complying with subsection (1) is not to be treated as being in breach of any duty mentioned in subsection (2).”; and (d) by inserting, immediately after the word “and” in subsection (4)(b), the words “for the purpose of, or”. [Gazette date] Amendment of section 105N 45. Section 105N(2) of the principal Act is amended by deleting paragraph (d) and substituting the following paragraph: “(d) the Comptroller may authorise any person (including an officer of the Monetary Authority of Singapore) section 4(1) to perform or assist in the