Singapore legislation
Clause 6
Clause 6
Amendment of section 45
Section 45 of the principal Act is amended by inserting, immediately after subsection (1), the following subsection:“(1A) The Authority may also make regulations for the purpose of carrying out section 16A, including —
(a)
requiring an approved exchange to reckon specified positions for the purpose of determining if limits established or varied under section 16A(1) have been exceeded; (b)requiring an approved exchange to take specified steps to ensure compliance with those limits; and
(c)
specifying measures to manage any risks assumed by an approved exchange.”.