Singapore legislation

Regulation 3C

of Securities and Futures (Licensing and Conduct of Business) Regulations

Regulation 3C

Temporary representative

Amended byS 709/2010 wef 26/11/2010

Subregulation 1

For the purpose of section 99M(1)(s)(iii) of the Act, the Authority may refuse to enter the name and other particulars of an individual in the public register of representatives as a temporary representative in respect of a type of regulated activity, if the period of his proposed appointment, together with the period of any past appointment (or part thereof) that falls within the period of 24 months before the date of expiry of his proposed appointment, exceeds 6 months.

Subregulation 2

Amended byS 709/2010 wef 26/11/2010

The period which the Authority may specify in the public register of representatives under section 99F(2) of the Act as the period which any named individual can be a temporary representative in respect of any type of regulated activity shall not exceed 3 months from the date his name is entered in the register as a temporary representative.