7.

In accordance with paragraph 2(a) of Article 8.1 (Objective and Scope), this Schedule shall not apply to subsidies or grants provided by a Party, including government-supported loans, guarantees, and insurance. Modes of supply: 1) Cross-border supply 2) Consumption abroad 3) Commercial presence 4) Presence of natural persons Sector or subsector Limitations on market access Limitations on national treatment Additional commitments HORIZONTAL COMMITMENTS/LIMITATIONS ALL SECTORS INCLUDED IN THIS SCHEDULE (i) Singapore dollar loans by local and foreign-owned financial institutions, to non-residents, non-resident controlled companies and to residents for use outside Singapore require MAS' prior approval. (ii) Financial institutions shall not extend SGD credit facilities to non-resident financial entities if there is reason to believe that the SGD proceeds may be used for SGD currency speculation. Unbound for measures affecting the type of activities which may be conducted on land or the usage of land, including but not limited to, land zoning, land use and urban planning policies. Unbound for measures affecting real estate. This includes, but is not limited to, measures affecting the ownership, sale, purchase, development and management of real estate. Unbound for measures affecting: (i) the full or partial devolvement to the private sector of services provided in the exercise of governmental authority; (ii) the divestment of its equity interests in, and/or the assets of, an enterprise that is wholly owned by the Singapore government; and (iii) the divestment of its equity interests in, and/or the assets or, an enterprise that is partially owned by the Singapore government. Unbound for measures in relation to the divestment of the administrator and operator of airports. Individual investors, apart from the Singapore Government, shall be subject to the following equity ownership limits in the enterprises, and/or their successor bodies, listed below: (i) Singapore Technologies Engineering: 15 % (ii) Singapore Power, Power Grid, Power Supply, Power Gas: 10 % (iii) PSA Corporation: 5 % (iv) Singapore Airlines: 5 % For the purposes of this schedule, ownership of equity by an investor in these enterprises and/or their successor bodies includes both direct and indirect ownership of equity. The aggregate of foreign shareholdings in PSA Corporation and its successor body is subject to a 49 % limit. The ‘aggregate of foreign shareholdings’ is defined as the total number of shares owned by: (i) Any individual who is not a Singapore citizen; (ii) Any corporation which is not more than 50 % owned by Singapore citizens or by the Singapore Government; and/or (iii) Any other enterprise which is not owned or controlled by the Singapore Government. Unbound for measures in relation to the retention of a controlling interest by the Singapore Government in Singapore Technologies Engineering (‘the Company’) and its successor body, including but not limited to controls over the appointment and termination of members of the Board of Directors, divestment of equity and dissolution of the Company. Unbound for measures affecting the arms and explosives sector, including the manufacture, use, sale, storage, transport, importation, exportation, and possession of arms and explosives. 1), 2), 3), 4) Specific commitments in market access in any sector or subsector, through any mode of delivery, shall not be construed to override the limitations established in the financial services sector Where a person required to be registered under the Business Registration Act (Cap. 32, 2001 Revised Edition) is, or, in the case of any corporation, the directors are, or the secretary of the corporation is, not ordinarily resident in Singapore, a local manager (1) must be appointed (2). The Schedule does not include measures relating to eligibility or qualification requirements and procedures, technical standards, and requirements and procedures relating to applications for work passes. Those measures (e.g. need to obtain recognised qualifications or need to meet certain salary or experience requirements), even if not listed below, apply in any case to key personnel and graduate trainees from the EU. EU graduate trainees may be subject to labour market tests. Commitments on key personnel and graduate trainees do not apply in cases where the intent or effect of their temporary presence is to interfere with, or otherwise affect the outcome of, any labour/management dispute or negotiation. 4) Presence of natural persons unbound, except as per the commitment under Section D (Temporary Presence of Natural Persons for Business Purposes), and subject to sector specific limitations. Graduate Trainees(GT) Unbound for sectors or subsectors as below: Financial Services 4) Unbound SECTOR SPECIFIC COMMITMENTS/LIMITATIONS 1. BUSINESS SERVICES A. Professional Services International Commercial Arbitration Services in relation to international law, foreign law and Singapore law (86190) 1) None 2) None 3) None 4) Unbound except as indicated in the horizontal section. In relation to international commercial arbitration work, EU lawyers may participate in international commercial arbitration proceedings in Singapore as permitted under the Legal Profession Act (Cap 161). 1) None 2) None 3) None 4) Unbound except as indicated in the horizontal section. In relation to international commercial arbitration work, EU lawyers may participate in international commercial arbitration proceedings in Singapore as permitted under the Legal Profession Act (Cap 161). Legal Services (apart from International Commercial Arbitration Services in relation to International Law and Legal Services in relation to Home Country law) (861**) 1) None, except applicable registration requirements 2) None 3) None, except applicable registration requirements 4) Unbound except as indicated in the horizontal section, and subject to applicable registration requirements 1) None, except as indicated in the market access column 2) None 3) None, except as indicated in the market access column 4) Unbound except as indicated in the horizontal section, and subject to applicable registration requirements Legal Services in relation to Singapore law (3) (861**) 1) None, except only persons who are admitted to the Singapore Bar, registered as members with the Law Society of Singapore, and holding a valid Practising Certificate are allowed to provide legal services in relation to Singapore law. 2) None 3) Only persons who are admitted to the Singapore Bar, registered as members with the Law Society of Singapore, and holding a valid Practising Certificate are allowed to provide legal services in relation to Singapore law. EU law enterprises may only provide legal services in relation to Singapore law through a Joint Law Venture or Formal Law Alliance with a Singapore law enterprise, and only to the extent allowed by the laws, rules, and regulations concerning Joint Law Ventures and Formal Law Alliances, and subject to the conditions and requirements relating to Joint Law Ventures and Formal Law Alliances. However, Singapore will modify these conditions and restrictions in favour of EU law enterprises as follows: (i) the minimum number of EU lawyers resident in Singapore which the EU law enterprise is required to maintain in a Joint Law Venture or a Formal Law Alliance shall be reduced from 5 to 3, at least 2 of whom shall be equity partners or a member of the board of directors of the EU law enterprise; (ii) the minimum relevant experience required of the 3 EU lawyers referred to in paragraph (i) shall be considered on an aggregate basis of 15 years, rather than on the basis of an individual experience of 5 years for each EU lawyer; (iii) the minimum required relevant experience for EU lawyers working in a Joint Law Venture who wishes to apply to practise Singapore law under the Legal Profession Act shall be reduced from 5 years to 3 years; 4) Unbound except as indicated in the horizontal section In relation to international commercial arbitration work, EU lawyers may participate in international commercial arbitration proceedings in Singapore as permitted under the Legal Profession Act (Cap 161). 1) None, except as indicated in the market access column 2) None 3) None, except as indicated in the market access column 4) Unbound Accounting, auditing and bookkeeping services, except for financial auditing services (862**) 1) None 2) None 3) None 4) Unbound except as indicated in the horizontal section. 1) None 2) None 3) None 4) Unbound Financial auditing services (86211) 1) None, except that public accountants must be ordinarily resident in Singapore or at least one of the partners of the firm must be ordinarily resident in Singapore 2) None 3) None 4) Unbound except as indicated in the horizontal section 1) None, except that public accountants must be ordinarily resident in Singapore or at least one of the partners of the firm must be ordinarily resident in Singapore 2) None 3) As in Mode 1) 4) Unbound Taxation services (863) 1) None 2) None 3) None 4) Unbound except as indicated in the horizontal section 1) None 2) None 3) None 4) Unbound Architectural services (8671) 1) None 2) None 3) None 4) Unbound except as indicated in the horizontal section 1) None 2) None 3) None 4) Unbound Engineering services (8672) 1) None 2) None 3) None 4) Unbound except as indicated in the horizontal section 1) None 2) None 3) None 4) Unbound Integrated engineering services (8673) 1) None 2) None 3) None 4) Unbound except as indicated in the horizontal section 1) None 2) None 3) None 4) Unbound Landscape architectural services (86742) 1) None 2) None 3) None 4) Unbound except as indicated in the horizontal section 1) None 2) None 3) None 4) Unbound Medical services (93121 and 93122) 1) Unbound 2) None 3) None 4) Unbound except as indicated in the horizontal section. The number of new foreign doctors registered each year may be limited depending on the total supply of doctors. 1) None 2) None 3) None 4) Unbound Dental services (93123) 1) Unbound 2) None 3) None 4) Unbound except as indicated in the horizontal section. The number of new foreign dentists registered each year may be limited depending on the total supply of dentists. 1) None 2) None 3) None 4) Unbound Veterinary services (932) 1) None 2) None 3) None 4) Unbound except as indicated in the horizontal section 1) None 2) None 3) None 4) Unbound Services provided by midwives, nurses, physiotherapists and para-medical personnel (93191**) 1) Unbound 2) None 3) None 4) Unbound except as indicated in the horizontal section 1) None 2) None 3) None 4) Unbound B. Computer and Related Services Computer and Related Services (84) 1) None 2) None 3) None 4) Unbound except as indicated in the horizontal section 1) None 2) None 3) None 4) Unbound C. Research and Development Services Research and development services on natural sciences (851) 1) None 2) None 3) None 4) Unbound except as indicated in the horizontal section 1) None 2) None 3) None 4) Unbound Research and development services on social sciences and humanities, except legal research (852**) 1) None 2) None 3) None 4) Unbound except as indicated in the horizontal section 1) None 2) None 3) None 4) Unbound Interdisciplinary research and development services (853) 1) None 2) None 3) None 4) Unbound except as indicated in the horizontal section 1) None 2) None 3) None 4) Unbound D. Real Estate Services Renting or leasing services involving owned or leased non residential property (82102) 1) None 2) None 3) None 4) Unbound except as indicated in the horizontal section 1) None 2) None 3) None 4) Unbound Residential and non-residential property management services on a fee or contract basis (82201, 82202) 1) None, except that only the Sentosa Development Corporation and its successor is allowed to develop and manage the resort island of Sentosa and its waterways. However, subject to approval, private developers are allowed to develop specific plots of land on Sentosa for commercial, residential, and recreational purposes. 2) None 3) None, except that only the Sentosa Development Corporation is allowed to develop and manage the resort island of Sentosa and its waterways. However, subject to approval, private developers are allowed to develop specific plots of land on Sentosa for commercial, residential, and recreational purposes. 4) Unbound except as indicated in the horizontal section 1) None, except that only the Sentosa Development Corporation and/or its successor is allowed to develop and manage the resort island of Sentosa and its waterways. However, subject to approval, private developers are allowed to develop specific plots of land on Sentosa for commercial, residential, and recreational purposes. 2) None 3) None, except that only the Sentosa Development Corporation is allowed to develop and manage the resort island of Sentosa and its waterways. However, subject to approval, private developers are allowed to develop specific plots of land on Sentosa for commercial, residential, and recreational purposes. 4) Unbound E. Rental/Leasing Services without Operators Leasing or rental services without operators relating to ships (83103) 1) None 2) None 3) None 4) Unbound except as indicated in the horizontal section 1) None 2) None 3) None 4) Unbound Leasing or rental services concerning private cars, goods transport vehicles, and other land transport equipment without operators (83101, 83102, 83105) 1) None except that the rental of private cars, goods transport vehicles and other land transport equipment without operator by Singapore residents with the intent to use the vehicles in Singapore is prohibited 2) None 3) None 4) Unbound except as indicated in the horizontal section 1) None except that the rental of foreign registered vehicles by Singapore residents for usage in Singapore is prohibited 2) None 3) None 4) Unbound Leasing or rental services relating to other machinery and equipment (83106-83109) 1) None 2) None 3) None 4) Unbound except as indicated in the horizontal section 1) None 2) None 3) None 4) Unbound Leasing or rental services concerning personal and household goods (832) 1) None 2) None 3) None 4) Unbound except as indicated in the horizontal section 1) None 2) None 3) None 4) Unbound F. Other Business Services Advertising services (871) 1) None 2) None 3) None 4) Unbound except as indicated in the horizontal section 1) None 2) None 3) None 4) Unbound Market research and public opinion polling services (864) 1) None 2) None 3) None 4) Unbound except as indicated in the horizontal section 1) None 2) None 3) None 4) Unbound Management consulting services (865) 1) None 2) None 3) None 4) Unbound except as indicated in the horizontal section 1) None 2) None 3) None 4) Unbound Services related to management consulting (866) 1) None 2) None 3) None 4) Unbound except as indicated in the horizontal section 1) None 2) None 3) None 4) Unbound Technical testing and analysis services, excluding testing and analysis services of: automobiles classification societies animals, plants, and products derived from animals and plants (8676**) 1) None 2) None 3) None 4) Unbound except as indicated in the horizontal section 1) None 2) None 3) None 4) Unbound Technical testing and analysis services of automobiles (8676**) 1) Unbound 2) None 3) None 4) Unbound except as indicated in the horizontal section 1) Unbound 2) None 3) None 4) Unbound Technical testing and analysis services of animals, plants, and products derived from animals and plants (8676**) 1) Unbound 2) None 3) None 4) Unbound except as indicated in the horizontal section 1) Unbound 2) None 3) None 4) Unbound except as indicated in the horizontal section Services incidental to agriculture, hunting, forestry and fishing, excluding: services of farm labour contractors; firefighting; forest services including forest damage services; and logging related services but including consultancy services for forest service including forest service, and logging related services (881**, 882**) 1) None 2) None 3) None 4) Unbound except as indicated in the horizontal section 1) None 2) None 3) None 4) Unbound Services incidental to mining (883, 5115) 1) None 2) None 3) None 4) Unbound except as indicated in the horizontal section 1) None 2) None 3) None 4) Unbound Services incidental to manufacturing (884 and 885, except 88442) 1) None 2) None 3) None 4) Unbound except as indicated in the horizontal section 1) None 2) None 3) None 4) Unbound Transport distribution, retail and services incidental to the distribution of piped gas 1) Unbound 2) None 3) Unbound except for trading and retailing of natural gas 4) Unbound except as indicated in the horizontal section 1) Unbound 2) None 3) Unbound 4) Unbound Retail of electricity 1) Unbound 2) None 3) Unbound except for supply of electricity above five MW 4) Unbound except as indicated in the horizontal section 1) Unbound 2) None 3) Unbound 4) Unbound Transportation of fuels (7131) 1) Unbound 2) None 3) Unbound 4) Unbound except as indicated in the horizontal section 1) Unbound 2) None 3) Unbound 4) Unbound Geological, geophysical and other scientific prospecting services (86751) 1) Unbound 2) None 3) Unbound 4) Unbound except as indicated in the horizontal section 1) Unbound 2) None 3) Unbound 4) Unbound Placement and supply services of personnel (872) 1) None 2) None 3) None 4) Unbound except as indicated in the horizontal section 1) None 2) None 3) None 4) Unbound G. Investigation and Security Private investigations services (87301**) Limitation on market access and national treatment All commitments in this sector are subject to the Private Security Industry Act (PSIA). The Act stipulates that foreigners are not allowed to work as private investigators but can be involved in the administration of the company. 1) Unbound 2) None 3) None 4) Unbound except as indicated in the horizontal section 1) Unbound 2) None 3) None 4) Unbound Security consultation services (87302) 1) None 2) None 3) None 4) Unbound except as indicated in the horizontal section 1) None 2) None 3) None 4) Unbound Alarm monitoring services (87303) 1) None 2) None 3) None 4) Unbound except as indicated in the horizontal section 1) None 2) None 3) None 4) Unbound Unarmed guard services (87305**) Limitation on market access and national treatment All commitments in this sector are subject to the Private Security Industry Act (PSIA). The Act stipulates the following: — Foreigners are permitted to set up agencies to provide unarmed guards for hire but must register a company with local participation. — In other words, at least two of the directors must be Singaporeans or Singaporean permanent residents. — The foreign directors must produce a certificate of no criminal conviction from their country of origin or a statutory declaration before a local commissioner of oaths. — Foreigners are not allowed to work as guards, but can be involved in the administration of the company. 1) Unbound 2) None 3) None 4) Unbound except as indicated in the horizontal section 1) Unbound 2) None 3) None 4) Unbound Maintenance and repair of equipment (not including maritime vessels, aircraft or other transport equipment) (633, 8861-8866**) 1) None 2) None 3) None 4) Unbound except as indicated in the horizontal section 1) None 2) None 3) None 4) Unbound Building cleaning services (874) 1) None 2) None 3) None 4) Unbound except as indicated in the horizontal section 1) None 2) None 3) None 4) Unbound Photographic services (875) 1) None 2) None 3) None 4) Unbound except as indicated in the horizontal section 1) None 2) None 3) None 4) Unbound Packaging services (876) 1) None 2) None 3) None 4) Unbound except as indicated in the horizontal section 1) None 2) None 3) None 4) Unbound Convention and exhibition management services (87909**) 1) None 2) None 3) None 4) Unbound except as indicated in the horizontal section 1) None 2) None 3) None 4) Unbound Secretarial services (87909**) 1) None 2) None 3) None 4) Unbound except as indicated in the horizontal section 1) None 2) None 3) None 4) Unbound Telephone answering services (87903) This excludes services licensed and regulated under the Singapore Broadcasting Authority Act 1) None 2) None 3) None 4) Unbound except as indicated in the horizontal section 1) None 2) None 3) None 4) Unbound Duplicating services (87904) 1) None 2) None 3) None 4) Unbound except as indicated in the horizontal section 1) None 2) None 3) None 4) Unbound Translation and interpretation services (87905) 1) None 2) None 3) None 4) Unbound except as indicated in the horizontal section 1) None 2) None 3) None 4) Unbound Specialty design services (87907) 1) None 2) None 3) None 4) Unbound except as indicated in the horizontal section 1) None 2) None 3) None 4) Unbound 2. COMMUNICATION SERVICES A. Postal and Courier Services Postal Services 1. Basic letter services – Services for the conveyance of letters (4) (other than express letters) which weigh 500 grams or less from one place to another, including the incidental services of receiving, collecting, sorting, sending, despatching and delivering such letters and any other services which relates to any of those services and is provided in conjunction with any of them. 1) Subject to commercial arrangements with licensed operator(s). 2) None 3) All service suppliers must be incorporated as companies under the Companies Act (Cap. 50) (5). 4) Unbound except as indicated in the horizontal section 1) None 2) None 3) None 4) Unbound 2. Express letter services – Services for the conveyance of express letters (including local express letters (6) and international express letters (7)) which weigh 500 grams or less from one place to another, including the incidental services of receiving, collecting, sorting, sending, despatching and delivering such express letters and any other services which relates to any of those services and is provided in conjunction with any of them. 1) Subject to commercial arrangements with licensed operator(s). 2) None 3) None 4) Unbound except as indicated in the horizontal section 1) None 2) None 3) None 4) Unbound B. Courier Services Courier services Courier services in respect of documents, parcels and packages, excluding letters (as defined above) which weigh 500 grams or less. 1) None 2) None 3) None 4) Unbound except as indicated in the horizontal section 1) None 2) None 3) None 4) Unbound except as indicated in the horizontal section C. Telecommunications Services (8) Notes The number of licences granted will be limited only by physical and resource constraints such as the availability of frequency spectrum and land. 1. Basic Telecommunication Services (9), including resale (facilities-based and services-based): (a) Public Switched Services (10) (local and international) (b) Leased Circuit Services (local and international) 1) Subject to commercial arrangements with licensed operator(s) 2) None 3) All service suppliers must be incorporated as companies under the Companies Act (Cap. 50). 4) Unbound, except as indicated in the horizontal section 1) None 2) None 3) None 4) Unbound 2. Mobile Services (11), including resale (facilities-based and services-based): (a) Public Mobile Data Service (PMDS) (b) Public Trunked Radio Service (PTRS) (c) Public Radio Paging Service (PRPS) (d) Public Cellular Mobile Telephone Service (PCMTS) 1) Subject to commercial arrangements with licensed operator(s) 2) None 3) All service suppliers must be incorporated as companies under the Companies Act (Cap. 50). 4) Unbound, except as indicated in the horizontal section 1) None 2) None 3) None 4) Unbound 3. Value-added Network (VAN) services The services covered are: — electronic-mail — voice-mail — on-line information and data-base retrieval — electronic data interchange — on-line information and/or data processing 1) None 2) None 3) None 4) Unbound, except as indicated in the horizontal section 1) None 2) None 3) None 4) Unbound 3. CONSTRUCTION AND RELATED ENGINEERING SERVICES Construction Services Consisting of: — General Construction for Buildings (CPC 512) — General Construction work for civil engineering (CPC 513) — Installation and assembly work (CPC 514 and 516) — Building Completion and finishing work (CPC 517) — Others (CPC 511, 515 and 518) 1) None 2) None 3) None 4) Unbound except as indicated in the horizontal section 1) None 2) None 3) None 4) Unbound 4. DISTRIBUTION SERVICES A. Commission Agents' Services Commission agents' services, except sales on a fee or contract basis of pharmaceutical and medical goods and cosmetics (621**, except 62117) Horizontal limitations on market access and national treatment Unless otherwise specified, distribution services of any product subject to import prohibition or non-automatic import licensing shall be excluded from the scope of these commitments. 1) None 2) None 3) None 4) Unbound except as indicated in the horizontal section 1) None 2) None 3) None 4) Unbound Sales on a fee or contract basis of pharmaceutical and medical goods and cosmetics not intended for the Singapore market (62117**) Horizontal limitations on market access and national treatment Unless otherwise specified, distribution services of any product subject to import prohibition or non-automatic import licensing shall be excluded from the scope of these commitments. 1) None 2) None 3) None 4) Unbound except as indicated in the horizontal section 1) None 2) None 3) None 4) Unbound Sales on a fee or contract basis of pharmaceutical goods and medical goods and cosmetics intended for the Singapore market (62117**) 1) Unbound 2) None 3) None 4) Unbound except as indicated in the horizontal section 1) Unbound 2) None 3) None 4) Unbound B. Wholesale Trade Services Wholesale trade services except for pharmaceutical goods and medical goods and surgical and orthopaedic instruments (622**) Horizontal limitations on market access and national treatment Unless otherwise specified, distribution services of any product subject to import prohibition or non-automatic import licensing shall be excluded from the scope of these commitments. 1) None 2) None 3) None 4) Unbound except as indicated in the horizontal section 1) None 2) None 3) None 4) Unbound Wholesale trade of pharmaceutical goods and medical goods and surgical and orthopaedic instruments (62251 and 62252) 1) Unbound 2) None 3) None 4) Unbound except as indicated in the horizontal section 1) Unbound 2) None 3) None 4) Unbound C. Retailing Services Non-food Retailing services except for pharmaceutical goods and medical goods (632**) Horizontal limitations on market access and national treatment Unless otherwise specified, distribution services of any product subject to import prohibition or non-automatic import licensing shall be excluded from the scope of these commitments. 1) None 2) None 3) None 4) Unbound except as indicated in the horizontal section 1) None 2) None 3) None 4) Unbound Retail sales of food, beverages and tobacco, except for retail sales of tobacco products and retail sales of alcoholic beverages (6310**) Horizontal limitations on market access and national treatment Unless otherwise specified, distribution services of any product subject to import prohibition or non-automatic import licensing shall be excluded from the scope of these commitments. 1) None 2) None 3) None 4) Unbound except as indicated in the horizontal section 1) None 2) None 3) None 4) Unbound Retail sales of pharmaceutical, medical and orthopaedic goods (63211) 1) Unbound 2) None 3) None 4) Unbound except as indicated in the horizontal section 1) Unbound 2) None 3) None 4) Unbound Sales of motor vehicles Only: Wholesale trade services of motor vehicles (61111) Retail sales of motor vehicles (61112) Sales of parts and accessories of motor vehicles (61130) Sales of motorcycles and snowmobiles and related parts and accessories (61210) 1) None 2) None 3) None 4) Unbound except as indicated in the horizontal section 1) None 2) None 3) None 4) Unbound D. Franchising Franchising services (8929**) 1) None 2) None 3) None 4) Unbound except as indicated in the horizontal section 1) None 2) None 3) None 4) Unbound 5. EDUCATION SERVICES Primary Education Services (921**) Unbound for modes 1 – 4 for the provision of preschool and primary education services for Singapore citizens, including sports education services. Otherwise: 1) None 2) None 3) None 4) Unbound except as indicated in the horizontal section Unbound for modes 1 – 4 for the provision of preschool and primary education services for Singapore citizens, including sports education services. Otherwise: 1) None 2) None 3) None 4) Unbound General secondary and higher secondary education services (9221**, 9222**) Unbound for modes 1 – 4 for the provision of general secondary and higher secondary (only applies to junior colleges and pre university centres under the Singapore educational system) education services for Singapore citizens, including sports education services. Otherwise: 1) None 2) None 3) None 4) Unbound except as indicated in the horizontal section Unbound for modes 1 – 4 for the provision of general secondary and higher secondary (only applies to junior colleges and pre university centres under the Singapore educational system) education services for Singapore citizens, including sports education services. Otherwise: 1) None 2) None 3) None 4) Unbound Post-secondary technical and vocational education services (only non-publicly funded education institutions) (92230**, 92240**, 92310) 1) None 2) None 3) None 4) Unbound except as indicated in the horizontal section 1) None 2) None 3) None 4) Unbound Other higher education services, excluding training of doctors (only local tertiary institutions (12) shall be allowed to operate undergraduate or graduate programmes for the training of doctors in Singapore) (92390**) 1) None 2) None 3) None 4) Unbound except as indicated in the horizontal section 1) None 2) None 3) None 4) Unbound Adult education services (92400) 1) None 2) None 3) None 4) Unbound except as indicated in the horizontal section 1) None 2) None 3) None 4) Unbound Other education services (92900) 1) None 2) None 3) None 4) Unbound except as indicated in the horizontal section 1) None 2) None 3) None 4) Unbound 6. ENVIRONMENTAL SERVICES Sewage Services (94010) 1) Unbound, except for consulting services 2) None 3) Unbound 4) Unbound except as indicated in the horizontal section 1) Unbound, except for consulting services 2) None 3) Unbound 4) Unbound Refuse Collection Services except Hazardous waste management (94020**) 1) Unbound, except for consulting services 2) None 3) None, except the refuse collector must be incorporated in Singapore. The number of public waste collectors is limited by the number of geographical sectors in Singapore. 4) Unbound except as indicated in the horizontal section 1) Unbound, except for consulting services 2) None 3) None 4) Unbound Refuse Disposal Services except Landfill Services and Hazardous waste management (94020**) 1) Unbound, except for consulting services 2) None 3) None, except the company must be incorporated in Singapore 4) Unbound except as indicated in the horizontal section 1) Unbound, except for consulting services 2) None 3) None 4) Unbound Hazardous waste management, including collection, disposal, and treatment of hazardous waste (94020**) 1) Unbound, except for consulting services 2) None 3) None, except the company must be incorporated in Singapore. 4) Unbound except as indicated in the horizontal section 1) Unbound, except for consulting services 2) None 3) None 4) Unbound Sanitation and similar services (94030) 1) Unbound, except for consulting services 2) None 3) None 4) Unbound except as indicated in the horizontal section 1) Unbound, except for consulting services 2) None 3) None 4) Unbound Cleaning services of exhaust gases (94040) 1) Unbound, except for consulting services 2) None 3) None 4) Unbound except as indicated in the horizontal section 1) Unbound, except for consulting services 2) None 3) None 4) Unbound Noise abatement services (94050) 1) Unbound, except for consulting services 2) None 3) None 4) Unbound except as indicated in the horizontal section 1) Unbound, except for consulting services 2) None 3) None 4) Unbound Nature and landscape protection services (94060) 1) Unbound, except for consulting services 2) None 3) None 4) Unbound except as indicated in the horizontal section 1) Unbound, except for consulting services 2) None 3) None 4) Unbound 7. FINANCIAL SERVICES Note All the commitments in this Schedule are subject to horizontal commitments in Singapore's Schedule of Specific Commitments. All the commitments in this Schedule are also subject to entry requirements, admission criteria, domestic laws, guidelines, rules and regulations, terms and conditions of the Monetary Authority of Singapore (MAS) or any other relevant authority or body in Singapore, as the case may be provided that they do not circumvent Singapore's obligations taken herewith. Juridical persons supplying financial services are subject to non-discriminatory limitations on juridical form (13). A. INSURANCE AND INSURANCE-RELATED SERVICES (a) Life insurance services including annuity, disability income, accident and health insurance services 1) Unbound 2) None 3) These measures are also limitations on national treatment. In considering the admission of insurers under the Central Provident Fund Investment Scheme (CPFIS), the Central Provident Fund Board takes into consideration the following factors: (a) whether the insurer has a minimum one-year track record as a registered insurer in Singapore; (b) whether the insurer employs a minimum of three fund management staff, one of whom must have at least five years of fund management experience; the other two may only have two years of fund management experience if they: (i) are fully qualified Chartered Financial Analysts (CFAs), or (ii) are Associates of the Society of Actuaries, or (iii) hold Certificates in Finance and Investments from the Institute of Actuaries, or (iv) hold equivalent qualifications from any of the professional actuarial bodies recognised in Singapore; and (c) whether the insurer manages at least SGD 500 million worth of funds in Singapore. For the purpose of this limitation, the definition of ‘fund management staff’ shall include portfolio managers, research analysts and traders. 4) Unbound except as indicated in the horizontal section 1) Unbound 2) None 3) None 4) Unbound except as indicated in the horizontal section. (b) Non-life insurance services including disability income, short term accident and health insurance and contracts of fidelity bonds, performance bonds or similar contracts of guarantee 1) Unbound, except that insurers which are authorised or licensed to provide non-life insurance services in the Union may provide insurance of maritime, aviation and transit (‘MAT’) risks comprising: (i) maritime shipping and commercial aviation and space launching and freight (including satellites), with such insurance to cover any or all of the following: the goods being transported, the vehicle transporting the goods and any liability arising therefrom; and (ii) goods in international transit. 2) These measures are also limitations on national treatment. None except that compulsory insurance of motor third party liability and workmen's compensation may only be purchased from licensed insurance companies (14) in Singapore. 3) None 4) Unbound except as indicated in the horizontal section 1) As indicated in the market access column 2) None 3) None 4) Unbound except as indicated in the horizontal section (c) Reinsurance and retrocession 1) None 2) None 3) None 4) Unbound except as indicated in the horizontal section 1) None 2) None 3) None 4) Unbound except as indicated in the horizontal section (d) Insurance intermediation comprising broking and agency services 1) Unbound except that brokers which are authorised or licensed to provide ‘MAT’ and reinsurance intermediation in the EU may supply such services. 2) The placement of domestic risks outside Singapore by brokers is subject to the approval of MAS, with the exception of reinsurance risks and insurance risks relating to maritime liabilities of ship owners insured by protection & indemnity clubs, or marine, aviation and transit business insured with an approved MAT insurer. 3) None 4) Unbound except as indicated in the horizontal section. 1) As indicated in the market access column 2) None 3) None 4) Unbound except as indicated in the horizontal section (e) Services auxiliary to insurance comprising actuarial, loss adjustors, average adjustors and consultancy services 1) None 2) None 3) None 4) Unbound except as indicated in the horizontal section 1) None 2) None 3) None 4) Unbound except as indicated in the horizontal section B. BANKING AND OTHER FINANCIAL SERVICES Note All the commitments in this Schedule are subject to horizontal commitments in Singapore's Schedule of Specific Commitments. All the commitments in this Schedule are also subject to entry requirements, admission criteria, domestic laws, guidelines, rules and regulations, terms and conditions of the Monetary Authority of Singapore (MAS) or any other relevant authority or body in Singapore, as the case may be provided that they do not circumvent Singapore's obligations taken herewith. Juridical persons supplying financial services are subject to non-discriminatory limitations on juridical form (15). (a) Acceptance of deposits and other repayable funds from the public 1) Unbound 2) None 3) These measures are also limitations on national treatment. Only institutions licensed or approved as banks, merchant banks and finance companies can accept deposits. This measure is not discriminatory. Foreign banks can operate from only one office (excluding back-office operations) unless otherwise specified in this schedule. They cannot establish off-premise ATMs and ATM networking and new sub-branches unless otherwise specified in this schedule. This is also a limitation on national treatment. 1) Unbound 2) None 3) Commercial banks As indicated in the Market Access column. Merchant banks As indicated in the Market Access column. Finance companies As indicated in the Market Access column. 4) Unbound except as indicated in the horizontal section. Commercial banks If Singapore commits with countries, with at least one full bank licence with qualifying full bank (QFB) privileges other than the United States of America, to offer one or more new full bank licences with QFB privileges after the date of this Agreement comes into force, the number of additional new full bank licences with QFB privileges will be offered to the EU. Other than the EU, only Australia, China, India, Malaysia and the United States of America have one or more full bank licences with QFB privileges. Location of banks and relocation of banks and sub-branches require prior approval from MAS. This limitation will not be used as a means of arbitrary and unjustifiable discrimination against EU banks or disguised restriction on trade in services to the competitive advantage of local incumbents. If Singapore allows a foreign QFB, other than from the US, to have more than 50 customer service locations, the same privilege should also be given to significantly rooted EU QFBs. None, except the following electronic retail banking services: opening of accounts by new customers (16), acceptance of deposits, dispensing of legal tender notes and coins, and application for unsecured credit facilities (17). These measures shall be non-discriminatory, be non-arbitrary and shall not include any economic needs test. For greater clarity, none of these measures shall apply to wholesale banks, offshore banks and merchant banks. For the purpose of this limitation, electronic banking services are provided over points of access not arranged by the bank, such as mobile personal retail banking, home internet retail banking and as such technology may evolve. Establishment and operation of commercial foreign banks, merchant banks and finance companies are also subject to the limitations listed under activities B(a) to B(l) and the following limitations: Commercial banks No new full bank licence will be granted to foreign banks, unless otherwise specified in additional commitments. Any EU bank with qualifying full bank (‘QFB’) privileges will be allowed to establish up to an additional 25 customer service locations (of which up to 10 may be established as branches), over and above the EU bank's existing limit of 25 customer service locations if and only if the MAS has determined that the EU bank is significantly rooted in Singapore. In determining whether the EU bank is significantly rooted in Singapore, MAS will consider the following: (a) the EU bank must, at a minimum, incorporate its retail banking operations; (b) a simple majority of the Board of the EU bank's local subsidiary must be Singaporeans, Permanent Residents or a combination thereof; (c) MAS is satisfied that the EU bank and the local subsidiary where applicable serves a comprehensive spectrum of the local community in Singapore and in principle, respects the key initiatives of any industry-wide associations; (d) MAS is satisfied that the EU bank is committed to Singapore's financial stability and development in the long term. For example, MAS will consider the number of persons which the EU bank employs in Singapore and its willingness to support Singapore's financial stability; (e) Singapore is one of the EU bank's significant markets contributing a significant part of profits and assets to the EU bank's global banking group (18); (f) major business lines are headquartered in Singapore and the key decision makers of the business lines are resident in Singapore. For avoidance of doubt, the local subsidiary must hold the Full Bank licence with the QFB privileges and is the entity which would be allowed to establish up to an additional 25 customer service locations (of which up to 10 may be established as branches). A QFB may, with the prior approval of the MAS, enter into any arrangement with a local bank for access to the ATM network of the local bank for the purpose of permitting a cardholder of the QFB to obtain cash advances from his credit or charge card account, as the case may be. Where such an application for approval is made by the QFB, it would be granted as a matter of course, subject to such conditions as the MAS may impose. QFBs may provide debit services on an Electronic Funds Transfer at Point of Sale (EFTPOS) network. Wholesale banks 12 EU banks holding wholesale bank licenses, upon application to the MAS, will be allowed to operate up to 2 customer service locations each. Singapore commits to review the possibility of increasing the number of banks allowed to benefit from customer service locations once they are awarded to 12 EU banks. Only a maximum of 20 new wholesale bank licenses will be granted by MAS and/or its successor body between 1 January 2013 to 31 December 2014. Quantitative limits on the number of wholesale bank licences will be removed for EU banks with or without operations in Singapore, 3 years after the date of entry into force of this Agreement and such banks may be admitted directly as wholesale banks. Wholesale banks are not permitted to: (a) accept Singapore dollar fixed deposits of less than SGD 250 000 ; (b) operate Singapore dollar savings accounts without MAS' prior approval; (c) operate interest-bearing Singapore dollar current accounts for natural persons who are Singapore residents; (d) issue Singapore dollar bonds and negotiable certificates of deposit, unless the requirements pertaining to minimum maturity period, minimum denomination or class of investors contained in the Guidelines for Operation of Wholesale Banks issued by MAS and/or its successor body are complied with. Offshore banks Offshore banks are not permitted to: (a) provide credit facilities to non-bank residents of Singapore in Singapore dollars exceeding a total of SGD 500 million at any one time; (b) offer savings account; (c) accept any fixed deposits or operate savings account in Singapore dollars from non-bank residents of Singapore; (d) operate current accounts for non-bank residents unless the accounts are offered: (i) in connection with credit facilities granted to, or other business dealings with the customer; or (ii) to customers of the bank's head office; (e) operate interest-bearing Singapore dollar current accounts for natural persons who are Singapore residents; (f) operate Singapore dollar savings accounts from non-bank non-residents of Singapore; (g) accept Singapore dollar fixed deposits of less than SGD 250 000 from non-bank non-residents; (h) issue Singapore dollar bonds and negotiable certificates of deposit, unless the requirements pertaining to minimum maturity period, minimum denomination or class of investors contained in the Guidelines for Operation of Offshore Banks issued by MAS and its successor body are complied with. No foreign person shall, acting alone or in concert with other persons, assume control of any Singapore-incorporated bank or company, belonging to a class of financial institutions approved as financial holding companies under section 28 of the Monetary Authority of Singapore Act (referred to as a financial holding company) or approved, designated or otherwise regulated as financial holding companies under other laws and regulations. Singapore shall not require more than a simple majority of the board of directors of an EU bank be composed of Singapore nationals, persons residing in Singapore, or a combination thereof. Approval from the Minister is required before a person, either alone or together with associated persons, is allowed to acquire indirect control over and shareholdings or voting control of or exceeding 5 %, 12 %, 20 % shareholdings in a Singapore-incorporated bank or a financial holding company, and before a Singapore-incorporated bank or a financial holding company is merged or taken over by any other body. In approving applications to exceed the threshold limits, the Minister may impose conditions that are considered necessary to prevent undue control, protect public interests and to ensure the integrity of the financial system. A foreign person is a person that is: In the case of a natural person, not a citizen of Singapore; and In the case of a corporation, not controlled by citizens of Singapore. Merchant banks Merchant banks can only operate from one office (excluding back-office operations). This measure is not discriminatory. Location and relocation of merchant banks require MAS' prior approval. This limitation shall not be used as a means of arbitrary and unjustifiable discrimination against EU merchant banks or disguised restriction on trade in services to the competitive advantage of local incumbents. Merchant banks can, with MAS' authorisation, raise foreign currency funds from residents and non-residents, operate foreign currency savings accounts for non-residents and raise Singapore dollar funds from their shareholders and companies controlled by their shareholders, banks and finance companies. This measure is not discriminatory. Finance companies No new finance company licences will be granted. Unbound for foreign acquisition of shares in finance companies and transfer or sale of foreign shareholdings in existing finance companies to foreign parties. All finance companies, local and foreign-owned, can only conduct Singapore dollar business. With MAS' prior approval, eligible finance companies can also deal in foreign currencies, gold or other precious metals, and acquire foreign currency stocks, shares or debt/convertible securities. 4) Unbound except as indicated in the horizontal section. (b) Lending of all types including consumer credit, mortgage credit, factoring and financing of commercial transaction 1) Unbound 2) None 3) These measures are also limitations on national treatment: (i) Unbound for establishment of off-premise cash dispensing machines for credit and charge cards issuers as a means of circumventing quantitative restrictions on customer service locations. Financial institutions extending Singapore dollar (SGD) credit facilities exceeding SGD 5 million per entity to non-resident financial entities or arranging SGD equity or bond issues for non-residents, must ensure that where the SGD proceeds are to be used outside Singapore, they are swapped or converted into foreign currency upon draw-down or before remittance abroad. Financial entities shall not extend SGD credit facilities to non-resident financial entities if there is reason to believe that the SGD proceeds may be used for SGD currency speculation. The term ‘non-resident’ is as defined in MAS Notice 757, issued under the Banking Act. Each offshore bank's lending in Singapore dollars to residents shall not exceed SGD 500 m in aggregate. Offshore banks should not use financial leasing activities or their related merchant banks to circumvent the SGD 500 m lending limit. (ii) Establishment of credit companies which do not conduct activities requiring MAS' approval is allowed. 4) Unbound except as indicated in horizontal section. 1) None 2) None 3) As indicated in the market access column. 4) Unbound except as indicated in the horizontal section. (c) Financial leasing 1) None 2) None 3) None 4) Unbound 1) None 2) None 3) None 4) Unbound (d) Payment and money transmission services, including credit, charge and debit cards, cheques and bankers' drafts 1) Unbound 2) None 3) These measures are also limitations on national treatment. Remittance shops, except where the remittance business is conducted by banks and merchant banks, are required to be majority owned by Singapore citizens (i.e. ownership of more than 50 % shareholding). Bankers' drafts can only be issued by banks. The limitations indicated in B(b)3) above also apply to the activities listed in B(d). 4) Unbound except as indicated in the horizontal section. 1) Unbound 2) None 3) None 4) Unbound except as indicated in the horizontal section. (e) Guarantees and commitments 1) None 2) None 3) None 4) Unbound except as indicated in the horizontal section. 1) None 2) None 3) None 4) Unbound except as indicated in the horizontal section. (f) Trading for own account or for account of customers, whether on an exchange, in an over-the counter market or otherwise, the following: — money market instruments (including cheques, bills, certificates of deposit) — foreign exchange — derivative products, including financial futures and options — exchange rate and interest rate instruments, including swaps and forward rate agreements — transferable securities — other negotiable instruments and financial assets, including bullion 1) Unbound except for trading in products listed in B(f) for own account. Trading in money market instruments, foreign exchange, as well as exchange rate and interest rate instruments can be conducted with financial institutions only. 2) None 3) The offer of derivative products involving the Singapore dollar is subject to the requirement indicated in B(b)3)(i). Moneychangers, except where the money changing business is conducted by banks and merchant banks and finance companies, are required to be majority owned by Singapore citizens (i.e. ownership of more than 50 % shareholding). 4) Unbound except as indicated in the horizontal section. 1) None 2) None 3) None except as indicated for activity B(b) above. 4) Unbound except as indicated in the horizontal section. (g) Participation in issues of all kinds of securities, including underwriting and placement as agent and provision of service related to such issues 1) Unbound except for participation in issues of securities for own account, and underwriting and placement of securities through stockbroking companies, banks or merchant banks in Singapore. 2) None 3) None 4) Unbound except as indicated in the horizontal section 1) None 2) None 3) None except as indicated for activity B(b) above. 4) Unbound except as indicated in the horizontal section. (h) Money broking 1) Unbound 2) None 3) None 4) Unbound except as indicated in the horizontal section. 1) Unbound 2) None 3) None 4) Unbound except as indicated in the horizontal section. (i) Asset management, such as cash or portfolio management, all forms of collective investment management, pension fund management, custodial, depository and trust services 1) Unbound 2) None 3) These measures are also limitations on national treatment. None, except: (a) Only the Central Depository Pte Ltd and its successor body is authorised to provide custodial depository services for book-entry securities. (b) In considering the admission of Fund Management Companies (FMCs) under the Central Provident Fund Investment Scheme (CPFIS), the Central Provident Fund Board takes into consideration the following factors: (i) whether the FMC has a minimum one-year track record as a capital markets services licence holder under the Securities and Futures Act, Cap. 289 (or its equivalent under the Securities Industry Act, Act 15 of 1986) in the fund management industry in Singapore while the group as a whole has a minimum of 3 years track record in fund management; (ii) whether the FMC manages at least SGD 500 million worth of funds in Singapore; and (iii) whether the FMC has a minimum of 3 fund managers, one of whom must have at least 5 years of fund management experience. 1) Unbound 2) None 3) None 4) Unbound except as indicated in the horizontal section. For the purpose of this limitation, the definition of ‘fund manager’ shall include portfolio managers, research analysts and traders. The establishment or operation of securities and futures markets as exchanges, exempt exchanges or recognised trading system providers, is subject to the authorisation, including the imposition of conditions for authorisation, by MAS or its successor body. 4) Unbound except as indicated in the horizontal section. (j) Settlement and clearing services for financial assets, including securities, derivative products and other negotiable instruments 1) Unbound, except for the provision of settlement and clearing services for financial assets which are listed on overseas exchanges only. 2) None 3) Unbound 4) Unbound except as indicated in the horizontal section. 1) Unbound 2) None 3) Unbound 4) Unbound except as indicated in the horizontal section. (k) Advisory and other auxiliary financial services, including credit reference and analysis, investment and portfolio research and advice, advice on acquisitions and on corporate restructuring and strategy 1) Commercial presence is required for provision of investment and portfolio research and advice to the public. 2) None 3) None 4) Unbound except as indicated in the horizontal section 1) None 2) None 3) None 4) Unbound except as indicated in the horizontal section. (l) Provision and transfer of financial information, and financial data processing and related software by providers of other financial services 1) None 2) None 3) None 4) Unbound except as indicated in the horizontal section. 1) None 2) None 3) None 4) Unbound except as indicated in the horizontal section. 8. HEALTH RELATED AND SOCIAL SERVICES A. Hospital Services Hospital services, except: (i) supply of health services by government-owned or controlled health institutions, and (ii) investments in government-owned or controlled health institutions (93110**) 1) None 2) None 3) None 4) Unbound except as indicated in the horizontal section 1) None 2) None 3) None 4) Unbound B. Other Human Health Services Ambulance services, except: (i) supply of health services by government-owned or controlled health institutions, and (ii) investments in government-owned or controlled health institutions (93192**) 1) Unbound 2) None 3) None 4) Unbound except as indicated in the horizontal section 1) Unbound 2) None 3) None 4) Unbound Acute care hospitals, nursing homes and convalescent hospitals as defined by the Private Hospitals and Medical Clinics Act (Cap. 248), run on a commercial basis (93193**) 1) Unbound 2) None 3) None 4) Unbound except as indicated in the horizontal section 1) Unbound 2) None 3) None 4) Unbound C. Social Services (933) Horizontal limitation on market access and national treatment Statutory supervision services as listed in the Attachment are excluded from the scope of these commitments Social services delivered through residential institutions to old persons and the handicapped (93311) Social services delivered through residential institutions to children and other clients (93312) 1) Unbound 2) None 3) None, except that the total number of facilities / service operations run by non-profit service suppliers that are partially State-funded is limited to the quantity determined by a master plan of State-funded social services in Singapore 4) Unbound except as indicated in the horizontal section 1) Unbound 2) None except that Singapore retains the discretion to determine whether a non-resident service supplier may solicit business or conduct active marketing in Singapore 3) None 4) Unbound Social services without accommodation (9332) 1) Unbound 2) None 3) None, except that the total number of facilities/service operations run by non-profit service suppliers that are partially State-funded is limited to the quantity determined by a master plan of State-funded social services in Singapore 4) Unbound except as indicated in the horizontal section 1) Unbound 2) None except that Singapore retains the discretion to determine whether a non-resident service supplier may solicit business or conduct active marketing in Singapore 3) None 4) Unbound 9. TOURISM AND TRAVEL RELATED SERVICES A. Hotels and Restaurants (incl. Catering) Hotel and other lodging services (641) 1) None 2) None 3) None 4) Unbound except as indicated in the horizontal section 1) None 2) None 3) None 4) Unbound Food serving services, except meal serving services in eating facilities run by the government (19) (642**) Beverage serving services for consumption on the premises (20) (643**) 1) None, except that only a Singapore national or permanent resident can apply for a licence to operate a food establishment in places such as hawker centres, restaurants and cafes, in their personal capacity. 2) None 3) None, except that only a Singapore national or permanent resident can apply for a licence to operate a food establishment in places such as hawker centres, restaurants and cafes, in their personal capacity. To provide food and/or beverage catering services in Singapore, a foreign service supplier must incorporate as a limited company in Singapore, and apply for the food establishment license in the name of the limited company. 4) Unbound except as indicated in the horizontal section 1) None, except that only a Singapore national or permanent resident can apply for a licence to operate a food establishment in places such as hawker centres, restaurants and cafes, in their personal capacity. 2) None 3) None, except that only a Singapore national or permanent resident can apply for a licence to operate a food establishment in places such as hawker centres, restaurants and cafes, in their personal capacity. To provide food and/or beverage catering services in Singapore, a foreign service supplier must incorporate as a limited company in Singapore, and apply for the food establishment license in the name of the limited company. 4) Unbound B. Travel Agencies & Tour Operators Services Travel agencies & tour operators services (7471) 1) None 2) None 3) None 4) Unbound except as indicated in the horizontal section 1) None 2) None 3) None 4) Unbound C. Tourist Guides Services Tourist guides services (7472) 1) None 2) None 3) None 4) Unbound except as indicated in the horizontal section 1) None 2) None 3) None 4) Unbound 10. RECREATIONAL, CULTURAL AND SPORTING SERVICES A. Entertainment Services (including theatre, live bands & circus services) (9619) 1) None 2) None 3) None 4) Unbound except as indicated in the horizontal section 1) None 2) None 3) None 4) Unbound C. Libraries, Archives, Museums and Other Cultural Services Library services (96311) 1) None 2) None 3) None 4) Unbound except as indicated in the horizontal section 1) None 2) None 3) None 4) Unbound Museum Services, including preservation of historical sites and buildings (9632) 1) None 2) None 3) None 4) Unbound except as indicated in the horizontal section 1) None 2) None 3) None 4) Unbound Archive services except for services specified under the National Heritage Board Act (9631**) 1) None 2) None 3) None 4) Unbound except as indicated in the horizontal section 1) None 2) None 3) None 4) Unbound D. Sporting and Other Recreational Services Sports and recreational services, except gambling and betting services (964**) 1) Unbound 2) None 3) None 4) Unbound except as indicated in the horizontal section 1) Unbound 2) None 3) None 4) Unbound 11. TRANSPORT SERVICES A. Maritime Transport Services International transport (freight and passengers) excluding cabotage transport (7211**, 7212**) 1) None 2) None 3) None except on the registration of Singapore-flag ships as specified in the Merchant Shipping Act (Cap. 179) (21) 4) Unbound except as indicated in the horizontal section; unbound for intra-corporate transfers of ships' crews 1) None 2) None 3) None except on the registration of Singapore-flag ships as specified in the Merchant Shipping Act (Cap. 179) (22) 4) Unbound In accordance with the decisions made at the WTO Negotiating Group on Maritime Transport Services, where the following services are not otherwise covered by the obligation enshrined in (ii) of subparagraph (c) of Article XXVIII of the General Agreement on Trade in Services in Annex 1B to the WTO Agreement, they are made to international maritime transport operators on reasonable and non-discriminatory terms and conditions: — pilotage; — towing and tug assistance; — provisioning, fuelling and watering; — garbage collection and ballast waste disposal; — port captain's services; — navigation aids; — emergency repair facilities; — anchorage; and — other shore-based operational services essential to ship operations, including communications, water and electrical supplies. Maritime Auxiliary Services Maritime agency services (23) (748**) 1) None 2) None 3) None 4) Unbound except as indicated in the horizontal section 1) None 2) None 3) None 4) Unbound except as indicated in the horizontal section Shipping brokerage services (748**) 1) None 2) None 3) None 4) Unbound except as indicated in the horizontal section 1) None 2) None 3) None 4) Unbound except as indicated in the horizontal section International towage (7214**) 1) None 2) None 3) None 4) Unbound except as indicated in the horizontal section 1) None 2) None 3) None 4) Unbound except as indicated in the horizontal section Storage and warehousing services (742**) 1) Unbound 2) None except such services provided by the public terminal operators in the port 3) None except such services provided by the public terminal operators in the port 4) Unbound except as indicated in the horizontal section 1) Unbound 2) None except such services provided by the public terminal operators in the port 3) None except such services provided by the public terminal operators in the port 4) Unbound except as indicated in the horizontal section Container station and depot services (24) 1) Unbound 2) None except such services provided by the public terminal operators in the port 3) None except such services provided by the public terminal operators in the port 4) Unbound except as indicated in the horizontal section 1) Unbound 2) None except such services provided by the public terminal operators in the port 3) None except such services provided by the public terminal operators in the port 4) Unbound except as indicated in the horizontal section Maritime freight forwarding services (25) (748, 749) 1) Office registration may be required 2) None 3) None 4) Unbound except as indicated in the horizontal section 1) None 2) None 3) None 4) Unbound except as indicated in the horizontal section Rental of vessels with crew (7213) 1) None 2) None 3) None 4) Unbound except as indicated in the horizontal section 1) None 2) None 3) None 4) Unbound except as indicated in the horizontal section Other supporting and auxiliary services (including catering) (749**) 1) None 2) None 3) None 4) Unbound except as indicated in the horizontal section 1) None 2) None 3) None 4) Unbound except as indicated in the horizontal section Maintenance and repair of vessels (8868**) 1) Unbound 2) None 3) None 4) Unbound except as indicated in the horizontal section 1) Unbound 2) None 3) None 4) Unbound except as indicated in the horizontal section B. Rail Transport Services Maintenance and repair of urban and suburban rail transport equipment (8868**) 1) Unbound 2) None 3) None 4) Unbound except as indicated in the horizontal section 1) Unbound 2) None 3) None 4) Unbound C. Road Transport Services Rental services of cars with operators (71222) Rental services of buses and coaches with operators (71223) Rental services of commercial freight vehicles with operators (71240) 1) Unbound 2) None 3) None 4) Unbound except as indicated in the horizontal section 1) Unbound 2) None 3) None 4) Unbound Freight transportation of: (a) refrigerated goods (71231) (b) liquids or gases (71232) (c) containerised freight (71233) (d) furniture (71234) 1) Unbound 2) None 3) None 4) Unbound except as indicated in the horizontal section 1) Unbound 2) None 3) None 4) Unbound Maintenance and repair services of motor vehicles (61120) Maintenance and repair services of parts of motor vehicles (88**) 1) None 2) None 3) None 4) Unbound as indicated in the horizontal section 1) None 2) None 3) None 4) Unbound Parking services (74430) 1) None 2) None 3) None 4) Unbound as indicated in the horizontal section 1) None 2) None 3) None 4) Unbound D. Services Auxiliary to All Modes of Transport except Maritime Transport Services Storage and warehousing services, including container station and depot services (742) 1) Unbound 2) None 3) Unbound except storage and warehouse services for land transport 4) Unbound except as indicated in the horizontal section 1) Unbound 2) None 3) Unbound except storage and warehouse services for land transport 4) Unbound 12. OTHER SERVICES NOT INCLUDED ELSEWHERE (95, 97, 98, 99) Washing, cleaning and dyeing services (9701) 1) Unbound 2) None 3) None 4) Unbound except as indicated in the horizontal section 1) Unbound 2) None 3) None 4) Unbound Hairdressing and other beauty services (9702) 1) Unbound 2) None 3) None 4) Unbound except as indicated in the horizontal section 1) Unbound 2) None 3) None 4) Unbound Funeral, cremation and undertaking services except maintenance services of cemeteries, care of graves and graveyards (97030**) 1) Unbound 2) None 3) None 4) Unbound except as indicated in the horizontal section 1) Unbound 2) None 3) None 4) Unbound SECTOR SPECIFIC COMMITMENTS/LIMITATIONS A. AGRICULTURE, HUNTING AND FORESTRY (a) Agriculture, hunting and related service activities (ISIC rev 3: 011, 012, 013, 014, 015) Unbound for measures affecting pig farming. (b) Forestry, logging and related service activities (ISIC rev 3: 020) None None B. FISHING (a) Fishing, operation of fish hatcheries and fish farms; service activities incidental to fishing (ISIC rev 3: 050) None None C. MINING AND QUARRYING (a) Mining of coal and lignite; extraction of peat (ISIC rev 3: 101, 102, 103) None None (b) Extraction of crude petroleum and natural gas; services activities incidental to oil and gas extraction excluding surveying (ISIC rev 3: 111, 112) None None (c) Mining of uranium and thorium ores (ISIC rev 3: 120) None None (d) Mining of metal ores (ISIC rev 3: 131, 132) None None (e) Other mining and quarrying (ISIC rev 3: 141, 142) Unbound for measures affecting quarrying. D. MANUFACTURING Unbound for measures affecting the manufacture for sale or other commercial purpose of any goods scheduled in the Control of Manufacture Act. This limitation applies to the whole of ‘D. MANUFACTURING’. (a) Manufacture of food products and beverages (ISIC rev 3: 151, 152, 153, 154 excluding the manufacturing of chewing gum, 155 excluding 1551 and 1553) None None (b) Manufacture of textiles (ISIC rev 3: 171, 172, 173) None None (c) Manufacture of wearing apparel; dressing and dyeing of fur (ISIC rev 3: 181, 182) None None (d) Tanning and dressing of leather; manufacture of luggage, handbags. Saddler, harness and footwear (ISIC rev 3: 191, 192) None None (e) Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (ISIC rev 3: 201, 202) None None (f) Manufacture of paper and paper products (ISIC rev 3: 210) None None (g) Publishing, printing and reproduction of recorded media (ISIC rev 3: 221, 222, 223) Unbound for measures in relation to the publication of printed media. Printed media refers to any publication containing news, intelligence, reports of occurrences, or any remarks, observations, or comments relating thereto, or to any matter of public interest, printed in any language and published for sale or free distribution at intervals not exceeding one week. (h) Manufacture of coke, refined petroleum products (ISIC rev 3: 231, 232) None None (i) Manufacture of chemicals and chemical products (ISIC rev 3: 24 excluding the manufacturing of explosives) None None (j) Manufacture of rubber and plastics products (ISIC rev 3: 251, 252) None None (k) Manufacture of other non-metallic mineral products (ISIC rev 3: 261, 269) None None (l) Manufacture of basic metals (ISIC rev 3: 271 excluding the manufacturing of drawn steel products, 272, 273) None None (m) Manufacture of fabricated metal products, except machinery and equipment (ISIC rev 3: 281 excluding the manufacturing of nuclear reactors, 289) None None (n) Manufacture of machinery and equipment n.e.c. (ISIC rev 3: 291, 292 excluding the manufacturing of weapons and ammunition, 293) None None (o) Manufacture of office, accounting and computing machinery (ISIC rev 3: 300) None None (p) Manufacture of electrical machinery and apparatus n.e.c. (ISIC rev 3: 311, 312, 313, 314, 315, 319) None None (q) Manufacture of radio, television and communication equipment and apparatus (ISIC rev 3: 321, 322, 323) None None (r) Manufacture of medical, precision and optical instruments, watches and clocks (ISIC rev 3: 331, 332, 333) None None (s) Manufacture of motor vehicles, trailers and semi-trailers (ISIC rev 3: 341, 342, 343) None None (t) Manufacture of other transport equipment (ISIC rev 3: 351, 352, 353, 359) None None (u) Manufacture of furniture; manufacturing n.e.c. (ISIC rev 3: 361, 369) None None (v) Recycling (ISIC rev 3: 371, 372) None None E. ELECTRICITY, GAS, AND WATER SUPPLY (a) Electricity and gas (ISIC rev 3: 401, 402) None, except: (a) Power producers shall only sell power through the Singapore electricity wholesale market and shall not be allowed to sell directly to consumers. The amount of power supplied cumulatively by power producers located outside of Singapore to Singapore's wholesale power market shall not exceed 600 MW. (b) only SP Services Ltd and its successor body shall be allowed to supply electricity to: (i) All household consumers of electricity; (ii) Non-household consumers of electricity whose Average monthly consumption is below 10 000 kWh; and (iii) Consumers whose electricity is supplied at single phase low voltage. (c) only PowerAssets Ltd and its successor body shall be the transmission licensee as defined in the Electricity Act. PowerAssets Ltd and/or its successor body shall be the sole owner and operator of the electricity transmission and distribution network in Singapore. (d) only City Gas Ltd and its successor body shall be allowed to produce and retail manufactured gas. (e) only Power Gas Ltd and its successor body shall be allowed to transport and distribute manufactured and natural gas. Power Gas Ltd and its successor body shall be the sole owner and operator of the gas pipeline in Singapore.