Singapore legislation

Clause 68

of Securities and Futures (Amendment No. 2) Bill

Clause 68

Amendment of section 266

Section 266 of the principal Act is amended —

(a)

by deleting the word “corporation” wherever it appears in subsections (2) to (5), (7) and (8) and substituting in each case the word “entity”;

(b)

by deleting the word “corporations” in subsections (2), (4) and (5) and substituting in each case the word “entities”;

(c)

by deleting the words “the debentures” in subsection (2) and substituting the word “debentures”; and

(d)

by deleting the words “offer or invitation in respect of the debentures was made to the public” in subsection (7) and substituting the words “offer of the debentures was made”.