Singapore legislation

Clause 71

of Securities and Futures (Amendment) Bill

Clause 71

Amendment of section 137Y

Section 137Y of the principal Act is amended —

(a)

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

(b)

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

(c)

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

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