Singapore legislation

Clause 7

of Securities and Futures (Amendment) Bill

Clause 7

Amendment of section 330

Section 330(1) of the principal Act is amended —

(a)

by deleting the word “or” at the end of paragraph (b); and

(b)

by deleting the comma at the end of paragraph (c) and substituting a semi-colon, and by inserting immediately thereafter the following paragraphs:“(d)the affairs of the trustee-manager of a registered business trust; or

(e)

a registered business trust which is managed and operated by the trustee-manager of the registered business trust,”.