S 561/2001
2
Application
3. These Regulations shall not apply to any financial institution or class of financial institutions to the extent that the financial institution or class of financial institutions is or may be subject to the directions of the Monetary Authority of Singapore under section 27A of the Monetary Authority of Singapore Act (Cap. 186).
Definitions
4.—(1) In these Regulations—
"funds" includes cheques, bank deposits and other financial resources;
"property" means real or personal property, moveable or immovable, including a lease of immovable property as well as a right or interest in such property;
"terrorist" means any person who—
- (a) commits, or attempts to commit, any terrorist act; or
- (b) participates in or facilitates the commission of any terrorist act,
and includes any person set out in the Schedule;
"terrorist act" means the use or threat of action—
- (a) where the action—
- (i) involves serious violence against a person;
- (ii) involves serious damage to property;
- (iii) endangers a person’s life;
- (iv) creates a serious risk to the health or the safety of the public or a section of the public;
- (v) involves the use of firearms or explosives;
- (vi) involves releasing into the environment or any part thereof, or distributing or otherwise exposing the public or any part thereof to—
- (A) any dangerous, hazardous, radioactive or harmful substance;
- (B) any toxic chemical; or
- (C) any microbial or other biological agent, or toxin;
