Singapore legislation

Regulation 7

of Monetary Authority of Singapore (Book-Entry MAS Securities and Primary Dealers) Regulations 2013

Regulation 7

Variation in amount of book-entry MAS securities to be allotted

Subregulation 1

Where the Authority has issued a public notice, it may, at any time during the period commencing on the date of issue of the public notice and ending on 12 noon of the auction day specified in the public notice, vary the amount of book‑entry MAS securities to be made available for allotment as specified in the public notice, in which event the Authority must as soon as possible inform the public of the variation.

Subregulation 2

To avoid doubt, the variation does not affect the validity of any application to purchase book‑entry MAS securities made pursuant to the public notice before the variation.