Singapore legislation
Clause 164
Clause 164
Amendment of section 300
Section 300 of the principal Act is amended —
by deleting the word “securities” wherever it appears in subsection (2B)(b) and substituting in each case the words “capital markets products that are units in a collective investment scheme”;
by inserting, immediately after the words “complied with” in subsection (3)(b), the words “, and which is disseminated with a prospectus or profile statement that has been registered by the Authority under section 296”;
by deleting the words “a securities exchange, futures exchange or overseas securities exchange” in subsection (4)(a) and substituting the words “an approved exchange or overseas exchange”;
by deleting the words “Any person who contravenes subsection (1) or who knowingly authorised or permitted the publication or dissemination in contravention of subsection (1)” in subsection (7) and substituting the words “Any person who contravenes subsection (1) or who knowingly authorises or permits the publication or dissemination of any advertisement or statement mentioned in that subsection”; and
by deleting the word “securities” in paragraph (a) of the definition of “representative” in subsection (13) and substituting the words “capital markets products that are units in a collective investment scheme”.