Clause 49
Amendment of section 124
of Securities and Futures (Amendment) Bill
BillNot in forceProvision 49 of 213
Clause 49
Section 124 of the principal Act is amended —
(a)
by deleting the definition of “bank in Singapore”;
(b)
by deleting paragraph (a) of the definition of “specified person” and substituting the following paragraph:“(a)any bank that is licensed under the Banking Act (Cap. 19);”; and
(c)
by deleting paragraph (f) of the definition of “specified person”.