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Laws of Singapore

Precious Stones and Precious Metals (Exempt Persons) Order 2019

Text as of 2026-09-28

Public law and official guidance, published as research. Not legal, tax or financial advice.

About this law

Kind
Order
Number
G.N. No. S 307/2019 (printed on the earlier consolidation held as pspm-exempt-persons-order-2019-s307-2020-version); this copy is the 2025 Revised Edition, first published in the Government Gazette on 16 December 2025
Issued by
Minister for Law, under section 38 of the PSPM Act
Country
Singapore

Where to read it

Text

The law's own text, section by section, as held. Each section has its own link.

  1. 1 — Citation

    1. Citation

  2. 2 — Definitions

    2. Definitions

  3. 3 — Exemption for financial institutions

    3. Exemption for financial institutions

  4. 4 — Exemption for foreign dealers

    4. Exemption for foreign dealers [10 April 2019] #### Citation

  5. 1 — This Order is the Precious Stones and Precious Metals (Exempt Persons) Order 2019

    1. This Order is the Precious Stones and Precious Metals (Exempt Persons) Order 2019. #### Definitions

  6. 2 — In this Order

    2. In this Order — “foreign dealer” means a regulated dealer that — (a) is — (i) registered or incorporated outside Singapore, in the case of a body corporate or unincorporate; or Prepared and Published by THE LAW REVISION COMMISSION UNDER THE AUTHORITY OF THE REVISED EDITION OF THE LAWS ACT 1983 <!-- p. 1 furniture: [2025 Ed. p. 1 | 17.12.2025 --> (ii) habitually resident outside Singapore, in the case of an individual; and (b) does not have a permanent establishment, a place of management or a branch in Singapore at which the regulated dealer carries on the business of regulated dealing or business as an intermediary for regulated dealing. #### Exemption for financial institutions

  7. 3

    3. Every financial institution that carries on a business of regulated dealing, or business as an intermediary for regulated dealing, in Singapore is exempt from — (a) Part 2 of the Act; and (b) sections 16, 17(3), 18, 19, 20 and 21 of the Act. #### Exemption for foreign dealers

  8. 4

    4.—(1) A foreign dealer carrying on a business of regulated dealing, or business as an intermediary for regulated dealing, in Singapore on a transitory basis, is exempt from — (a) Part 2 of the Act; and (b) section 19 of the Act. (2) A foreign dealer carries on business in Singapore on a transitory basis if the foreign dealer carries on business in Singapore for not more than a total of 90 days in a year. <!-- p. 2 furniture: Precious Stones and Precious Metals | (Exempt Persons) | p. 2 2025 Ed.] Order 2019 -->

Precious Stones and Precious Metals (Exempt Persons) Order 2019 · Nelum