Singapore legislation

Clause 22

of Securities and Futures (Amendment) Bill

Clause 22

Amendment of section 81I

Section 81I of the principal Act is amended —

(a)

by inserting, immediately after the word “securities” wherever it appears in subsection (1), the words “, securities‑based derivatives contracts or units in a collective investment scheme”; and

(b)

by inserting, immediately after the word “securities” in paragraph (a) of the definition of “specified gain” in subsection (4), the words “, securities-based derivatives contracts or units in a collective investment scheme”.

Read in full context — Securities and Futures (Amendment) Bill →