Clause 29

This Act shall not affect any inquiry under section 19 of the principal Act commenced before the date of commencement of this Act against a commodity futures broker or a commodity futures broker’s representative; and every such inquiry may be continued and everything in relation thereto may be done in all respects (other than the exercise of the powers under section 19(2) of the principal Act) after that day as if this Act had not been enacted.

This Act shall not affect any right of appeal accrued before the date of commencement of this Act against an order made under section 19 of the principal Act in relation to a commodity futures broker or a commodity futures broker’s representative.

This Act shall not affect —

An auditor appointed under section 23 or 27(6) of the principal Act in respect of a Commodity Futures Exchange or a commodity futures broker and who has not completed his duties under that section by the date of commencement of this Act shall, unless the Monetary Authority of Singapore otherwise determines, continue to carry out his duties as if he were appointed by the Monetary Authority of Singapore under section 109 of the Securities and Futures Act (Cap. 289) in relation to that Exchange or person; and the provisions of the Securities and Futures Act shall apply as if he were so appointed.

The Minister may by regulations prescribe such further transitional and savings provisions as he may consider necessary or expedient within 2 years of the date of commencement of this Act.