Secondhand Goods Dealers (Watches — Exemption) Order 2023

No. S 522

Secondhand Goods Dealers Act 2007

Secondhand Goods Dealers
(Watches — Exemption)
Order 2023

In exercise of the powers conferred by section 20 of the Secondhand Goods Dealers Act 2007, the Minister for Home Affairs makes the following Order:

Citation and commencement

1.  This Order is the Secondhand Goods Dealers (Watches — Exemption) Order 2023 and comes into operation on 31 July 2023.

Exemption from keeping proper records and screening secondhand goods

2.  Section 10 of the Act and rules 7, 8 and 10 of the Secondhand Goods Dealers Rules (R 1) do not apply to a secondhand goods dealer if —

(a) in respect of any secondhand goods purchased by the dealer, it falls within the description of item 8 of the Schedule to the Act and is purchased at a transaction price of less than $1,000; or

(b) in respect of any secondhand goods sold by the dealer, it falls within the description of item 8 of the Schedule to the Act and is sold at a transaction price of less than $1,000.

Made on 19 June 2023.

PANG KIN KEONG

Permanent Secretary,
Ministry of Home Affairs,
Singapore.

[MHA 112/2/056; AG/LEGIS/SL/288A/2020/1 Vol. 1]