Singapore legislation

Clause 89

of Securities and Futures Bill

Clause 89

Period of licence

(1)

Subject to subsection (2), a licence shall be in force for a period of 3 years or such other period as the Authority may specify in writing to the applicant, with effect from the date of its issue.

(2)

A licence that has been renewed in accordance with the provisions of this Part shall continue in force for a period of 3 years or such other period as the Authority may specify in writing to the applicant, from the day next succeeding that upon which but for its renewal it would have expired.

Clause 89 — Securities and Futures Bill | laws.sg