Singapore legislation
Clause 47
Clause 47
Amendment of section 236D
Section 236D(1) of the principal Act is amended by deleting sub-paragraph (ii) of paragraph (b) and substituting the following sub-paragraph:“(ii)the price at which the securities, futures contracts, or contracts or arrangements in connection with leveraged foreign exchange trading would have been likely to have been so dealt in or traded at the time of the contemporaneous dealing or trading if —
(A)
in any case where the contravening person had acted in contravention of section 218 or 219, the information referred to in section 218(1) or 219(1), as the case may be, had been generally available; or
(B)
in any other case, the contravention by the contravening person had not occurred.”.