Singapore legislation
Clause 105
Clause 105
Repeal and re-enactment of section 228
Section 228 of the principal Act is repealed and the following section substituted therefor:“Exception for knowledge of individual’s own intentions or activities
228. An individual does not contravene section 218(2) or 219(2) by entering into a transaction or agreement in relation to securities, securities‑based derivatives contracts or CIS units merely because the individual is aware that the individual proposes to enter into, or has previously entered into, one or more transactions or agreements in relation to those securities, securities‑based derivatives contracts or CIS units.”.