Singapore legislation

Clause 22

of Securities and Futures (Amendment) Bill

Clause 22

Amendment of section 88

Section 88 of the principal Act is amended —

(a)

by deleting the words “or renew a licence” in subsection (1) and substituting the words “a capital markets services licence”;

(b)

by deleting the words “licensed person” in subsection (2) and substituting the words “holder of a capital markets services licence”; and

(c)

by deleting the word “his” in subsection (3) and substituting the word “its”.