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Part 4 · Exemptions

37B. Securities or securities-based derivatives contracts to which exemptions under section 277(1) of Act do not apply

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Amended

Last amended by an amending law of 2025. 2 amendments in all.

The following securities or securities-based derivatives contracts are prescribed for the purposes of section 277(1) of the Act:

(a)

[Deleted by S 70/2025 wef 24/01/2025]

(b)

[Deleted by S 70/2025 wef 24/01/2025]

(c)

any instrument conferring or representing a legal or beneficial ownership interest in a partnership or limited liability partnership;

(d)

structured notes issued by a specified financial institution;

(e)

securities-based derivatives contracts where the obligations under the securities-based derivatives contracts are to be discharged by one party to the other at some future time by cash settlement only.

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Part 5

Extra‑Territorial Application of Division 1 of Part XIII of Act

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Revocation and Transitional Provisions

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