Singapore legislation

Clause 70

of Securities and Futures (Amendment No. 2) Bill

Clause 70

Amendment of section 269

Section 269 of the principal Act is amended —

(a)

by deleting the word “corporation” wherever it appears in subsections (1), (2) and (3) and in the section heading and substituting in each case the word “entity”;

(b)

by deleting the word “corporations” in subsection (1) and substituting the word “entities”;

(c)

by inserting, immediately after the word “directors” in subsection (1), the words “or equivalent persons”; and

(d)

by inserting, immediately after the word “officer” in subsection (3), the words “or equivalent person”.