Singapore legislation

Clause 15

of Financial Advisers (Amendment) Bill

Clause 15

Amendment of section 20

Section 20 of the principal Act is amended —

(a)

by deleting paragraph (a) and substituting the following paragraph:“(a)by the refusal of the Authority to grant a financial adviser’s licence to it, or to vary its licence; or”; and

(b)

by deleting the word “his” in paragraph (b) and substituting the word “its”.