Singapore legislation

Clause 86

of Securities and Futures (Amendment) Bill

Clause 86

Amendment of section 330

Section 330 of the principal Act is amended —

(a)

by deleting the words “a securities exchange, futures exchange, designated clearing house” in subsection (1) and substituting the words “any securities exchange, futures exchange, licensed trade repository, approved clearing house or recognised clearing house”;

(b)

by deleting the words “futures exchange or a designated clearing house” in subsection (1)(b) and substituting the words “a futures exchange, a licensed trade repository or an approved clearing house”; and

(c)

by deleting the words “designated clearing house” in the section heading and substituting the words “licensed trade repository, approved clearing house, recognised clearing house”.