Singapore legislation

Clause 60

of Securities Industry Bill

Clause 60

Power of committee to require production of securities, etc

The committee may at any time and from time to time require any person to produce and deliver any securities, documents or statements of evidence necessary to support any claim made or necessary for the purpose either of exercising its rights against a sole trader or the partners in a member firm or a member company or the directors thereof or any other person concerned or of enabling criminal proceedings to be taken against any person in respect of a defalcation, and in default of delivery of any such securities, documents or statements of evidence by such first-mentioned person, the committee may disallow any claim by him under this Part.