Singapore legislation

Clause 78

of Securities and Futures (Amendment) Bill

Clause 78

Amendment of section 150

Section 150 of the principal Act is amended by deleting subsection (1) and substituting the following subsection:“(1) The Authority may inspect under conditions of secrecy, the books of an approved exchange, a recognised market operator, a licensed trade repository, a licensed foreign trade repository, an approved clearing house, a recognised clearing house, an approved holding company, the holder of a capital markets services licence, an exempt person, an authorised benchmark administrator, an exempt benchmark administrator, an authorised benchmark submitter, an exempt benchmark submitter, a designated benchmark submitter, or a representative.”.