Singapore legislation
Regulation 35
Regulation 35
Transitional provision
Subregulation 1
Notwithstanding the provisions of the Commodity Trading (Amendment) Regulations 2008 —
regulations 10 and 22(4), (6), (8), (9) and (11) in force immediately before 27th February 2008 shall continue to apply to a person who was a commodity futures broker immediately before that date; and
regulation 19 in force immediately before that date shall continue to apply to a person who was a commodity futures trading adviser immediately before that date, in relation to any transaction entered into before that date, for a period of 6 years from the date of the transaction.
Subregulation 2
Notwithstanding the provisions of the Commodity Trading (Amendment) Regulations 2008, regulation 25 in force immediately before 27th February 2008 shall continue to apply to a person who was a commodity futures broker immediately before that date, in relation to any transaction entered into before that date for a customer in respect of which a statement referred to in that regulation has yet to be furnished to the customer.
Subregulation 3
In this regulation, “commodity futures broker” and “commodity futures trading adviser” have the meanings given to those expressions in the Act in force immediately before 27th February 2008.