Singapore legislation

Clause 21

Amendment of section 57

Section 57 of the principal Act is amended ––

(a)

by deleting paragraph (a) of subsection (1) and substituting the following paragraph:“(a)take or use the title “clearing house”; or”;

(b)

by deleting the word “titles” wherever it appears in subsection (1)(b) and substituting in each case the word “title”;

(c)

by deleting the words “commodity futures broker, commodity trading adviser, commodity futures trading adviser, commodity pool operator or commodity futures pool operator” in subsection (2) and substituting the words “commodity trading adviser or commodity pool operator”;

(d)

by deleting the words “commodity futures broker”, “commodity futures trading adviser” and “commodity futures pool operator” in subsection (2)(a); and

(e)

by deleting subsections (4) and (5).

Read in full context — Commodity Trading (Amendment) Bill →