Singapore legislation

Clause 127

of Securities and Futures (Amendment) Bill

Clause 127

Amendment of section 241

Section 241 of the principal Act is amended —

(a)

by inserting, immediately after the word “securities” wherever it appears in subsections (1), (8), (10), (11), (12), (13) and (14), the words “or securities‑based derivatives contracts”; and

(b)

by deleting the words “a securities exchange” in subsection (1C)(b)(ii)(A) and substituting the words “an approved exchange”.