Singapore legislation

Section 129I

of Securities and Futures Act 2001

Section 129I

Interpretation of this Part

Amended by4/20171/2020

In this Part, unless the context otherwise requires —“specified derivatives contract” means any derivatives contract that is, or that belongs to a class of derivatives contracts that is, prescribed by regulations made under section 129N for the purposes of this definition;“specified person” means —

(a)

any bank that is licensed under the Banking Act 1970;

(b)

any merchant bank licensed under the Banking Act 1970;

(c)

any finance company licensed under the Finance Companies Act 1967;

(d)

any insurer licensed under the Insurance Act 1966;

(e)

any holder of a capital markets services licence; or

(f)

any other person who is, or who belongs to a class of persons which is, prescribed by regulations made under section 129N.

Definition

“specified derivatives contract” means any derivatives contract that is, or that belongs to a class of derivatives contracts that is, prescribed by regulations made under section 129N for the purposes of this definition;

Definition

“specified person” means —

(a)

any bank that is licensed under the Banking Act 1970;

(b)

any merchant bank licensed under the Banking Act 1970;

(c)

any finance company licensed under the Finance Companies Act 1967;

(d)

any insurer licensed under the Insurance Act 1966;

(e)

any holder of a capital markets services licence; or

(f)

any other person who is, or who belongs to a class of persons which is, prescribed by regulations made under section 129N.

Amended by4/20171/2020