Singapore legislation
Clause 21
Clause 21
Amendment of section 29
Section 29 of the principal Act is amended —
(a)
by deleting subsection (1) and substituting the following subsection:“(1) The Authority may, in writing, require any licensed financial adviser to furnish it with information about any matter related to its business whether carried on in Singapore or elsewhere if, in the opinion of the Authority, it requires the information for the discharge of its functions under this Act.”; and
(b)
by deleting the words “, or a licensed representative who,” in subsection (2).