Singapore legislation

Section 32

of Securities and Futures Act 2001

Section 32

Immunity from criminal or civil liability

Amended by4/20174/2017

(1)

No criminal or civil liability is incurred by —

(a)

an approved exchange; or

(b)

any person acting on behalf of an approved exchange,for any thing done (including any statement made) or omitted to be done with reasonable care and in good faith in the course of, or in connection with, the discharge or purported discharge of the obligations of the approved exchange under this Act or under the business rules or, where appropriate, listing rules of the approved exchange.

Amended by4/2017

(2)

For the purposes of subsection (1), the reference to a person acting on behalf of an approved exchange includes —

(a)

any director of an approved exchange; or

(b)

any member of any committee established by an approved exchange.

Amended by4/2017

Read in full context — Securities and Futures Act 2001 →