Singapore legislation

Clause 12

of Securities and Futures (Amendment) Bill

Clause 12

Amendment of section 81ZF

Section 81ZF of the principal Act is amended —

(a)

by deleting the words “Without prejudice to the generality of section 81ZK, the Authority may make regulations” in subsection (10) and substituting the words “The Authority may make regulations under section 81ZK”; and

(b)

by deleting the words “a designated clearing house” in subsection (11) and substituting the words “approved clearing house, or a participant of a licensed trade repository,”.

Clause 12 — Securities and Futures (Amendment) Bill