Singapore legislation
Regulation 28
of Securities and Futures (Central Depository System) Regulations 2015
Regulation 28
Penalty
Any person who contravenes regulation 5, 6, 11(3) or (5), 12(2) or (4), 13(2), 14, 16(1) or (2), 17(1) or (2), 18(1) or (2), 19(2), (4) or (5)(c) or (d) or 24(1) shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $5,000.