Singapore legislation
Clause 103
Clause 103
Power to make regulations giving effect to treaty, etc.
(1)
Without prejudice to the generality of section 104(1), 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 provision of any financial advisory service, to which Singapore or the Authority is a party.
(2)
Without prejudice to the generality of subsection (1), such regulations may provide for —
exemptions from the requirements relating to licensing, approval or registration requirements under this Act;
the application of the provisions of this Act with such modifications as may be necessary; and
the revocation or withdrawal of, or the variation of any condition or restriction imposed in connection with, any exemption granted under this Act.