Singapore legislation

Clause 67

of Securities and Futures (Amendment) Bill

Clause 67

Amendment of section 137N

Section 137N of the principal Act is amended —

(a)

by inserting, immediately after the word “securities” in subsection (1)(c), the words “or securities‑based derivatives contracts”;

(b)

by deleting the words “or other securities” in subsection (2)(b)(ii)(B) and substituting the words “, other securities or securities‑based derivatives contracts”; and

(c)

by inserting, immediately after the word “securities” wherever it appears in subsection (3), the words “or securities‑based derivatives contracts”.

Clause 67 — Securities and Futures (Amendment) Bill