Singapore legislation

Clause 8

of Securities and Futures (Amendment No. 2) Bill

Clause 8

Amendment of section 86

Section 86 of the principal Act is amended —

(a)

by inserting, immediately after the words “such information” in subsection (4)(a), the words “or documents”;

(b)

by inserting, immediately after paragraph (a) of subsection (4), the following paragraph:“(aa)any information or document that is furnished by the applicant to the Authority is false or misleading;”;

(c)

by inserting, immediately after the words “any of its officers” in subsection (4)(m), the words “or employees”; and

(d)

by deleting the words “a right” in subsection (5) and substituting the words “an opportunity”.