Singapore legislation

Section 129

of Securities and Futures Act 2001

Section 129

Power of Authority to make regulations

Amended by34/201234/2012

(1)

Without affecting section 341, the Authority may make regulations for the purposes of this Part, including regulations to prescribe anything which may be prescribed under this Part.

Amended by34/2012

(2)

In deciding whether to prescribe any derivatives contract or class of derivatives contracts for the purposes of the definition of “specified derivatives contract” in section 124, the Authority may have regard to —

(a)

the significance of that derivatives contract or class of derivatives contracts in Singapore;

(b)

international developments in the reporting of derivatives contracts; and

(c)

any other matters that the Authority deems to be relevant.

Amended by34/2012