Singapore legislation
Clause 85
Clause 85
Amendment of section 186
Section 186 of the principal Act is amended —
by deleting the words “a dealing in securities, or the trading of a futures contract” in subsection (1)(a) and substituting the words “a dealing in capital markets products”;
by deleting the words “dealings in securities or trading in futures contracts” in subsections (2), (5) and (9) and substituting in each case the words “dealings in capital markets products”; and
by deleting subsection (14) and substituting the following subsection:“(14) In this section, any reference to dealing in capital markets products is a reference to such dealing which is done or to be done —
on the approved exchange which establishes, keeps and administers the fidelity fund; or
through a trading linkage of the approved exchange with an overseas exchange.”.