In forceAmended1996 Revised EditionCurrent version · 1996 Revised EditionSee versions on Singapore Statutes Online(opens the publisher’s site)
49O. Payment of claims only from fund
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Last amended by an amending law of 1995.
No moneys or other property belonging to a Futures Exchange, other than the fidelity fund, shall be available for the payment of any claim under this Part whether the claim is allowed by the Exchange or is made the subject of an order of the High Court.
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;