Regulation 37B
Securities or securities-based derivatives contracts to which exemptions under section 277(1) of Act do not apply
Subsidiary LegislationIn forceProvision 41 of 66
Regulation 37B
Amended byS 70/2025 wef 24/01/2025S 70/2025 wef 24/01/2025S 824/2018 wef 19/12/2018
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.