Singapore legislation

Clause 21

of Securities and Futures (Amendment) Bill

Clause 21

Amendment of section 101

Section 101 of the principal Act is amended —

(a)

by deleting the words “public interest” in subsection (1) and substituting the words “interests of the public or a section of the public or for the protection of investors”; and

(b)

by deleting subsection (4) and substituting the following subsection:“(4) It shall not be necessary to publish any direction issued under subsection (1) in the Gazette.”.

Clause 21 — Securities and Futures (Amendment) Bill