Singapore legislation

Clause 84

of Securities and Futures (Amendment) Bill

Clause 84

Amendment of section 326

Section 326 of the principal Act is amended by deleting subsection (10) and substituting the following subsection:“(10) Where the Authority or any person referred to in subsection (1)(b) or (2)(b) makes an application to the court for the grant of an injunction or interim injunction or for the making of an order or interim order under this section, the court shall not require the Authority or that person, as the case may be, or any other person, as a condition of granting the injunction, interim injunction, order or interim order, to give any undertaking as to damages.”.