Singapore legislation

Clause 47

Amendment of section 123

Section 123(2) of the principal Act is amended —

(a)

by deleting the words “securities financing” in paragraph (a) and substituting the words “product financing”;

(b)

by deleting the word “securities” in paragraph (ia) and substituting the words “capital markets products”; and

(c)

by deleting the words “securities or futures contracts” in paragraph (m) and substituting the words “capital markets products”.