Singapore legislation

Clause 68

of Securities and Futures (Amendment) Bill

Clause 68

Amendment of section 137R

Section 137R(1) of the principal Act is amended —

(a)

by deleting the word “or” at the end of paragraph (a);

(b)

by inserting, immediately after paragraph (a), the following paragraph:“(aa)acquires or disposes of interests in such securities or securities‑based derivatives contracts of the business trust as may be prescribed by regulations made under section 341; or”; and

(c)

by deleting the words “securities market operated by the securities exchange” and substituting the words “organised market operated by the approved exchange”.

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