Singapore legislation

Section 49G

of Futures Trading Act

Section 49G

Provisions if fund is reduced below $5 million

Amended by9/95

If the fidelity fund is reduced below the sum of $5 million or such other sum as the Minister may, by order, prescribe, the Futures Exchange shall take steps to make up the deficiency by transferring an amount that is equal to the deficiency from other funds of the Exchange to the fidelity fund.