Cap. 592 Art. 4No exemption from other laws.

Unless expressly stated in a provision of this Act or other special law, nothing in this Act shall be considered as exempting any innovative technology arrangement or any innovative technology service provider from the provisions of any other law, including other regulatory laws requiring authorisations or similar approvals:

Provided that, on the basis of the principles of simplification and avoidance of duplication, in the event that a requirement under this Act is similar in scope to that under another law and has been satisfactorily met by an applicant, the Authority shall, if necessary with the written consent of the applicant, co-ordinate with the other national competent authorities and rely on the submissions and processes being carried out by the other authorities in carrying out its duties under this Act.