Singapore legislation
Section 181
Section 181
Fidelity fund to consist of amount of $20 million, etc.
Amended by2/2009
The fidelity fund of an approved exchange must consist of an amount of not less than —
(a)
$20 million; or
(b)
such other amount as the Authority may, by order in the Gazette, specify in substitution of the amount specified under paragraph (a),to be paid to the credit of the fund on the approval of the exchange under this Act or at any time after its approval as determined by the Authority.