Singapore legislation

Section 46S

of Securities and Futures Act 2001

Section 46S

Power of court to order observance or enforcement of business rules

Amended by34/201240/201934/201234/2012

(1)

Where any person who is under an obligation to comply with, observe, enforce or give effect to the business rules of a licensed trade repository fails to do so, the General Division of the High Court may, on the application of the Authority, the licensed trade repository or a person aggrieved by the failure, and after giving the firstmentioned person an opportunity to be heard, make an order directing the firstmentioned person to comply with, observe, enforce or give effect to those business rules.

Amended by34/201240/2019

(2)

In this section, “person” includes a licensed trade repository.

Amended by34/2012

(3)

This section is in addition to, and not in derogation of, any other remedy available to an aggrieved person referred to in subsection (1).

Amended by34/2012
Section 46S — Securities and Futures Act 2001 | laws.sg