Singapore legislation

Clause 338

Power to make regulations giving effect to treaty, etc., relating to securities or futures

(1)

Without prejudice to the generality of section 341, the Authority may make regulations prescribing the matters necessary or expedient to give effect in Singapore to the provisions of any treaty, convention, arrangement, memorandum of understanding, exchange of letters or other similar instrument relating to the securities or futures industry, to which Singapore or the Authority is a party.

(2)

Without prejudice to the generality of subsection (1), such regulations may provide for —

(a)

exemptions from the requirements relating to licensing, approval or registration of any person, the recognition of recognised trading system providers or the lodgment or registration of any document under this Act;

(b)

exemptions from any requirement in Part XIII;

(c)

the application of this Act with such modifications as may be necessary;

(d)

the revocation or withdrawal of any exemption granted; and

(e)

the variation of any condition or restriction imposed in connection with the granting of any exemption under this Act.

Read in full context — Securities and Futures Bill →