News

Mrs Koh Juat Jong, will be appointed as the new Solicitor-General, AGC with effect from 11 April 2008.

A new statutory board, the Casino Regulatory Authority of Singapore (CRA), will be set up on 2 April 2008, under the Ministry of Home Affairs, to administer and enforce the Casino Control Act.

At present, holders of Second Class Lower Division Honours or equivalent law degrees from Scheduled Universities who were full-time internal candidates must fulfil a three year legal work requirement in order to qualify to practise law in Singapore. The Government has accepted the recommendation of the Committee to Develop the Singapore Legal Sector to reduce the requirement to two years.

Mr K. Shanmugam, SC will be appointed Minister for Law, taking over from Professor S. Jayakumar, and will concurrently be appointed as Second Minister for Home Affairs. His appointment will take effect from 1 May 2008.

Under the National Registration Act, an Identity Card (NRIC) holder is required to report his change of residential address within 28 days. With effect from 1 April 2008, documentary evidence would be required if a NRIC holder wishes to change his address on the NRIC.

The rule for computing the 30/70 fund-raising efficiency ratio, commonly known as the ''30/70 rule'', for charities and institutions of a public character (IPCs) will be revised. The revised rule will apply to fund-raising events for charities and IPCs whose financial year ends after 31 March 2008. These changes to the 30/70 rule will facilitate fund-raising efforts of charities and IPCs without compromising the principle that the costs of fund-raising should not exceed 30% of the total funds raised.

The United States, Abu Dhabi and Singapore have jointly released a set of Policy Principles for Sovereign Wealth Funds (SWFs) and countries receiving SWF investment. The Policy Principles are aimed at contributing to the work of the International Monetary Fund (IMF) and the Organisation for Economic Cooperation and Development (OECD) in developing voluntary best practices for SWFs and inward investment regimes in countries receiving investments, respectively.

Deputy Prime Minister and Minister for Law Professor S Jayakumar and the Minister of Justice of the Socialist Republic of Vietnam Mr Ha Hung Cuong signed a Memorandum of Understanding today on legal and judicial cooperation.

Speech by Mr Gan Kim Yong, Minister of State (Education and Manpower) for the 2nd Reading of The Workplace Safety and Health (Amendment) Bill 2008, 6 March 2008.

The Media Development Authority of Singapore (MDA) has issued the first Niche Subscription TV Licence to VeeV Interactive Pte Ltd (VeeV), a wholly-owned subsidiary of Sky Media Pte Ltd.

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