Singapore legislation
Clause 26
Clause 26
Amendment to the Monetary Authority of Singapore Act
The Monetary Authority of Singapore Act (Cap. 186) is amended by inserting, immediately after section 39, the following section:“Legal officer of Authority may act for Authority in civil proceedings39A. Notwithstanding the provisions of any written law, a legal officer of the Authority who has been admitted as an advocate and solicitor under the Legal Profession Act (Cap. 161) or a State Counsel may —
appear in any civil proceedings on behalf of the Authority under the Futures Trading Act (Cap. 116) or the Securities Industry Act (Cap. 289), including proceedings referred to in section 104A of the Securities Industry Act; and
make and do all acts and applications in respect of such proceedings on behalf of the Authority.”.