Singapore legislation
Clause 97
Clause 97
Transitional provision relating to the Stock Exchange of Malaysia and Singapore
(1)
Notwithstanding the provisions of Part III, the Stock Exchange of Malaysia and Singapore shall on the commencement of this Act be deemed to be a stock exchange approved under that Part, and shall within six months from that date provide in its rules all matters mentioned in paragraph (b) of subsection (2) of section 6.
(2)
For the purposes of this section and the application of section 7 to the Stock Exchange of Malaysia and Singapore, the reference to the word “Minister” therein is a reference to the Minister responsible for securities industry in Malaysia and the Minister of Finance in Singapore.