Singapore legislation
Section 46R
Section 46R
Business rules of licensed trade repositories have effect as contract
Amended by34/201234/2012
(1)
The business rules of a licensed trade repository are deemed to be, and operate as, a binding contract between the licensed trade repository and each participant.
Amended by34/2012
(2)
The licensed trade repository and each participant are deemed to have agreed to observe, and perform the obligations under, the provisions of the business rules that are in force for the time being, so far as those provisions are applicable to the licensed trade repository or participant, as the case may be.
Amended by34/2012