Singapore legislation
Clause 49
Clause 49
Amendment of section 18A
In the RTS Act, in section 18A —
(a)
after subsection (1), insert —“(1A) The Authority may —
(a)
grant an approval under this section subject to any conditions that the Authority considers appropriate to impose; and
(b)
at any time add to, vary or revoke any condition so imposed.”; and
(b)
after subsection (7), insert —“(7A) This section does not apply to or in relation to any licensee that has been designated as a designated operating entity, starting on its effective designation date and while it remains so designated.”.