Singapore legislation
Clause 72
Clause 72
Amendment of section 137ZC
Section 137ZC(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, securities‑based derivatives contracts or units in a collective investment scheme of the real estate investment 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”.