Singapore legislation

Clause 79

of Securities and Futures (Amendment) Bill

Clause 79

Amendment of section 150A

Section 150A of the principal Act is amended by deleting subsection (1) and substituting the following subsection:“(1) Where a written report or any part of a written report (called in this section the report) has been produced by the Authority upon an inspection under section 150 in respect of any person mentioned in subsection (1) of that section (called in this section the inspected person) and is provided by the Authority to the inspected person, the report must not be disclosed by the inspected person or, if the inspected person is a corporation, by any of its officers or auditors, to any other person except in the circumstances provided under subsection (2).”.

Clause 79 — Securities and Futures (Amendment) Bill