Singapore legislation

Clause 12

of Securities and Futures (Amendment No. 2) Bill

Clause 12

Amendment of section 92

Section 92 of the principal Act is amended —

(a)

by deleting the word “wilfully” in paragraphs (a) and (b) and substituting in each case the words “without reasonable excuse,”;

(b)

by deleting the words “, knowing it to be false or misleading” in paragraph (a); and

(c)

by deleting the words “or to imprisonment for a term not exceeding 12 months or to both” in the 8th and 9th lines.

Clause 12 — Securities and Futures (Amendment No. 2) Bill