Singapore legislation

Clause 4

of Serious Crimes and Counter-Terrorism (Miscellaneous Amendments) Bill

Clause 4

Amendment of section 17

Section 17 of the CDS Act is amended —

(a)

by deleting paragraph (b) of subsection (5) and substituting the following paragraph:“(b)any capital markets products.”;

(b)

by inserting, immediately after subsection (8), the following subsection:“(9) In this section, “capital markets products” has the meaning given by section 2(1) of the Securities and Futures Act (Cap. 289).”; and

(c)

by deleting the word “securities” in the section heading and substituting the words “capital markets products”.

Clause 4 — Serious Crimes and Counter-Terrorism (Miscellaneous Amendments) Bill