Singapore legislation

Regulation 17

Appointment of syndicate members, etc.

For any transferable Government securities which a public notice specifies are to be issued under a syndication method, the Authority has to —

(a)

appoint members of the syndicate for that issue, consisting of primary dealers or other financial institutions or a combination thereof; and

(b)

where applicable, identify the lead manager or lead managers from among the syndicate mentioned in paragraph (a).