Singapore legislation
Clause 2
Clause 2
Amendment of section 2
Section 2 of the Rubber Dealers Act (referred to in this Act as the principal Act) is amended —
by inserting, immediately above the definition of “licence”, the following definitions:“ “Association” means the Rubber Association of Singapore constituted under section 3 of the Rubber Association of Singapore (Incorporation) Act (Cap. 278);“deal” means to purchase and sell specific rubber pursuant to any agreement providing for completion by delivery of the rubber but does not include purchase and sale of unascertained rubber by description by means of a forward contract;”;
by deleting the word “purchase” in the definition of “licensed dealer” and substituting the words “deal in”; and
by deleting the definitions of “licensing officer” and “purchase”.