In forceAmended1996 Revised EditionCurrent version · 1996 Revised EditionSee versions on Singapore Statutes Online(opens the publisher’s site)
49H. Investment of fund
Feedback & supportAmended
Last amended by an amending law of 1995.
Any moneys in a fidelity fund that are not immediately required for its purposes may be invested by the Futures Exchange in any manner in which trustees are for the time being authorised by law to invest trust funds.
Futures Exchange
Defined · s 2
“Exchange” or “Futures Exchange” means —(a)the Singapore International Monetary Exchange Ltd.; or(b)a body corporate —(i)that provides or proposes to provide the physical facilities necessary for trading in futures contracts; and(ii)that maintains or proposes to maintain a futures market that is approved by the Authority under section 4;