Clause 8

by deleting subsection (2) and substituting the following subsection:“(2) Without limiting subsection (1), a notice under that subsection may —

specify the manner of and process for calculating the leverage ratio;

require the bank incorporated in Singapore or a bank within the class of banks incorporated in Singapore to report to the Authority —

its leverage ratio; or

the manner in which and the process by which it calculates its leverage ratio; and

specify the manner in which and the times at which the bank incorporated in Singapore or a bank within the class of banks incorporated in Singapore must report to the Authority the matters mentioned in paragraph (b)(i) and (ii).”;

by inserting, immediately after the words “subsection (1) to” in subsection (3), the words “a bank incorporated in Singapore or”;

by inserting, immediately after the words “may by” in subsection (3), the words “that notice or”; and

by inserting, immediately after the word “the” in subsection (3)(a), the words “bank or”.