2002 Ed. Newspaper and Printing Presses CAP. 206 22 directors are not citizens of Singapore, or in the case of a member being another company, where one or more of the members or directors of such company are not citizens of Singapore; or (ii) unincorporated association or body constituted under any law in force in Singapore, one or more of whose members or directors are not citizens of Singapore, or in the case of a member being another company, where one or more of the members or directors of such company are not citizens of Singapore, as the Minister may, by notification in the Gazette, declare to be a foreign source for the purposes of this section; or (e) such other source outside Singapore as the Minister may, by notification in the Gazette, declare to be a foreign source for the purposes of this section; “funds” means money, securities, movable or immovable property or other valuable consideration; “funds from a foreign source”, with its grammatical variations, includes funds provided by a foreign source indirectly through any agent of the foreign source. [20/2002] (6) Nothing in this section shall apply to any dealing by any person in the shares of a newspaper company quoted on a stock exchange in Singapore. (7) Any person who contravenes or fails to comply with subsection (1), (3) or (4) shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $50,000 or to imprisonment for a term not exceeding 3 years or to both and the Court may, in addition to any other penalty that it may impose, order the forfeiture to the Government of any funds which are the subject of the charge. [20/2002] Informal Consolidation – version in force from 1/7/2015