49M. Power of Futures Exchange to require production of evidence
Feedback & supportLast amended by an amending law of 1995.
A Futures Exchange may, at any time and from time to time, require any person to produce and deliver any contract notes, documents or statements of evidence necessary to support any claim made or necessary for the purpose either of exercising its rights against a member of a Futures Exchange or the directors of that member or any other person concerned or of enabling criminal proceedings to be taken against any person in respect of a defalcation, and in default of delivery of any such contracts, documents or statements of evidence by such first-mentioned person, the Exchange may disallow any claim by him under this Part.
Futures Exchange
“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;