Singapore legislation
Section 123G
Section 123G
Deposit to be lodged by corporation or authorised benchmark administrator
Amended by4/20174/2017
(1)
The Authority may require the corporation mentioned in section 123E(1) that has made an application under that provision to lodge with the Authority, at the time of its application and in such manner as the Authority may determine, a deposit of such amount as the Authority may prescribe by regulations made under section 123ZZA in respect of that authorisation and in such form as the Authority may specify.
Amended by4/2017
(2)
The Authority may prescribe by regulations made under section 123ZZA the circumstances and purposes for the use of the deposit.
Amended by4/2017