Singapore legislation

Clause 73

of Securities Industry Bill

Clause 73

Convicted persons liable to pay compensation

A person who is convicted of an offence under Part VII of this Act shall be liable to pay compensation to any person who has purchased or sold any securities at a price affected by the act or transaction, the subject of the offence, for the damage suffered by him as a result of that purchase or sale.

Clause 73 — Securities Industry Bill | laws.sg