Singapore legislation

Clause 4

of Futures Trading (Amendment) Bill

Clause 4

Amendment of section 46

Section 46 of the principal Act is amended —

(a)

by inserting, immediately after the words “a Futures Exchange” in subsections (1), (2) and (3), the words “or a clearing house”;

(b)

by inserting, immediately after the words “the Exchange” wherever they appear in subsections (1), (2) and (3), the words “or the clearing house”;

(c)

by inserting, immediately after the words “a Futures Exchange” in subsection (4), the words “, a clearing house”; and (d)by inserting, immediately after the words “Futures Exchanges’” in the marginal note, the words “or clearing houses’”.