Singapore legislation

Clause 17

of Securities Industry (Amendment) Bill

Clause 17

Amendment of section 82

Section 82 of the principal Act is amended —

(a)

by deleting the words “the sum of $5 million or such other sum as the Minister may, by order, determine” in the 1st, 2nd and 3rd lines and substituting the words “the minimum amount referred to in section 81”; and

(b)

by deleting the words “$5 million” in the marginal note and substituting the words “minimum amount”.