Singapore legislation

Clause 49

of Securities and Futures (Amendment) Bill

Clause 49

Amendment of section 124

Section 124 of the principal Act is amended —

(a)

by deleting the definition of “bank in Singapore”;

(b)

by deleting paragraph (a) of the definition of “specified person” and substituting the following paragraph:“(a)any bank that is licensed under the Banking Act (Cap. 19);”; and

(c)

by deleting paragraph (f) of the definition of “specified person”.

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