Regulation 1
Citation and commencement
These Regulations are the Securities and Futures (Offers of Investments) (Temporary Exemption from Sections 277(1)(c) and 305B(1)(b)) Regulations 2020 and come into operation on 6 May 2020.
/akn/sg/act/sub_leg/2001/SFA-S366-2020
Securities and Futures (Offers of Investments) (Temporary Exemption from Sections 277(1)(c) and 305B(1)(b)) Regulations 2020
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- Type
- Subsidiary Legislation
- Status
- In force
- Enacted
- 2001
- Sections
- 4
Quick answer
About this subsidiary legislation
Securities and Futures (Offers of Investments) (Temporary Exemption from Sections 277(1)(c) and 305B(1)(b)) Regulations 2020 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation SFA-S366-2020 2001, currently marked in force and first recorded in 2001.
Regulation 2
Repealed / deleted
[Deleted by S 405/2021 wef 29/06/2021]
Regulation 3
Exemption for offer of securities or securities-based derivatives contracts made in physical document
Amended byS 405/2021 wef 29/06/2021
Subregulation 1
Amended byS 405/2021 wef 29/06/2021
An offer of securities or securities‑based derivatives contracts (not being such securities or securities‑based derivatives contracts as may be prescribed by regulations under section 341 of the Act for the purposes of section 277(1) of the Act), whether by means of a rights issue or otherwise, is exempt from section 277(1)(c) of the Act if the conditions specified in paragraph (2) are satisfied.
Subregulation 2
The conditions are that —
(a)
the offer information statement relating to the offer is —
(i)
published on SGXNET and the website of the issuer (if available); and
(ii)
capable of being printed by a person to whom the offer is made; (b)the offer is made in a physical document; and
(c)
the physical document mentioned in sub‑paragraph (b) —
(i)
states that the person to whom the offer is made should read the offer information statement before submitting his or her application to subscribe for or purchase the securities or securities‑based derivatives contracts;
(ii)
states that the offer information statement is available online; and
(iii)
specifies the address of the online location at which the offer information statement is published and contains instructions on how to view, download and print the offer information statement.
Regulation 4
Exemption for offer of units in collective investment scheme made in physical document
Amended byS 405/2021 wef 29/06/2021
Subregulation 1
Amended byS 405/2021 wef 29/06/2021
An offer of units in a collective investment scheme whose units are listed for quotation on an approved exchange (whether by means of a rights issue or otherwise) is exempt from section 305B(1)(b) of the Act if the conditions specified in paragraph (2) are satisfied.
Subregulation 2
The conditions are that —
(a)
the offer information statement relating to the offer is —
(i)
published on SGXNET and the website of the responsible person of the collective investment scheme (if available); and (ii)capable of being printed by a person to whom the offer is made; (b)the offer is made in a physical document; and
(c)
the physical document mentioned in sub‑paragraph (b) —
(i)
states that the person to whom the offer is made should read the offer information statement before submitting his or her application to subscribe for or purchase the units in the collective investment scheme;
(ii)
states that the offer information statement is available online; and
(iii)
specifies the address of the online location at which the offer information statement is published and contains instructions on how to view, download and print the offer information statement.
Common questions
- What is Securities and Futures (Offers of Investments) (Temporary Exemption from Sections 277(1)(c) and 305B(1)(b)) Regulations 2020?
- Securities and Futures (Offers of Investments) (Temporary Exemption from Sections 277(1)(c) and 305B(1)(b)) Regulations 2020 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation SFA-S366-2020 2001, currently marked in force and first recorded in 2001.
- Is Securities and Futures (Offers of Investments) (Temporary Exemption from Sections 277(1)(c) and 305B(1)(b)) Regulations 2020 still in force?
- Yes — Securities and Futures (Offers of Investments) (Temporary Exemption from Sections 277(1)(c) and 305B(1)(b)) Regulations 2020 is currently in force.
- When did Securities and Futures (Offers of Investments) (Temporary Exemption from Sections 277(1)(c) and 305B(1)(b)) Regulations 2020 take effect?
- Securities and Futures (Offers of Investments) (Temporary Exemption from Sections 277(1)(c) and 305B(1)(b)) Regulations 2020 was first recorded in 2001.
- How many regulations does Securities and Futures (Offers of Investments) (Temporary Exemption from Sections 277(1)(c) and 305B(1)(b)) Regulations 2020 have?
- Securities and Futures (Offers of Investments) (Temporary Exemption from Sections 277(1)(c) and 305B(1)(b)) Regulations 2020 contains 4 regulations.
- Where can I read the official version of Securities and Futures (Offers of Investments) (Temporary Exemption from Sections 277(1)(c) and 305B(1)(b)) Regulations 2020?
- The official text of Securities and Futures (Offers of Investments) (Temporary Exemption from Sections 277(1)(c) and 305B(1)(b)) Regulations 2020 is published at sso.agc.gov.sg.