Singapore legislation

Clause 23

of Securities and Futures (Amendment) Bill

Clause 23

Amendment of section 81Q

Section 81Q(1) of the principal Act is amended by deleting paragraph (c) and substituting the following paragraph:“(c)for the purposes of section 59 and, in particular, specifying measures to manage any risks assumed by an approved clearing house.”.

Clause 23 — Securities and Futures (Amendment) Bill