Securities and Futures Act 2001 · 2020 Revised Edition · Part 11 · Investor Compensation Scheme
175. Interpretation of this Part
Feedback & supportLast amended by an amending law of 2017. 2 amendments in all.
In this Part, “member”, in relation to an approved exchange, means a person who —
member
“member”, in relation to an approved exchange, a recognised market operator, an approved clearing house or a recognised clearing house, means a person who holds membership of any class or description in the approved exchange, recognised market operator, approved clearing house or recognised clearing house, whether or not the person holds any share in the share capital of the approved exchange, recognised market operator, approved clearing house or recognised clearing house, as the case may be;
holds membership of any class or description of the approved exchange, whether or not the person holds any share in the share capital of such exchange; and
approved exchange
“approved exchange” means a corporation that is approved by the Authority under section 9(1)(a) as an approved exchange;
is licensed by the Authority to carry on the business of dealing in capital markets products.