Singapore legislation
Clause 49
Clause 49
Market rules have force of contract
(1)
The market rules have the effect of a contract between each market participant and the Market Company.
(2)
Each market participant and the Market Company shall be deemed to have entered into a contract with one another under which each market participant and the Market Company severally agree to perform and observe the market rules as far as they are applicable to each market participant and the Market Company as provided for in the market rules.