Singapore legislation

Clause 40

of Securities and Futures (Amendment No. 2) Bill

Clause 40

Amendment of section 223

Section 223 of the principal Act is amended —

(a)

by deleting the words “subscribing for securities” in subsection (1)(a) and substituting the words “subscribing for, or purchasing, securities”;

(b)

by deleting the words “subscribed for under” in subsection (1)(c) and substituting the words “subscribed for, or purchased, under”; and

(c)

by deleting the words “subscribe for” wherever they appear in subsection (2)(b) and substituting in each case the words “subscribe for, or purchase,”.