Singapore legislation

Regulation 5

of Securities and Futures (Capital Markets Services Licence and Representative’s Licence) (Transitional and Savings Provisions) Regulations

Regulation 5

Acts done or commenced by Authority under repealed Acts

Subregulation 1

All acts done by the Authority under the FTA or the SIA in relation to the persons referred to in regulation 3(1) and (3) shall, from the appointed date, continue to remain valid and have effect as though done by the Authority under the Act, until such time as such acts are invalidated, revoked or otherwise determined by the Authority.

Subregulation 2

Where anything has been commenced by or on behalf of the Authority under the FTA or the SIA in relation to the persons referred to in regulation 3(1) and (3), such thing may, from the appointed date, be carried on and completed by or under the authority of the Act.

Read in full context — Securities and Futures (Capital Markets Services Licence and Representative’s Licence) (Transitional and Savings Provisions) Regulations →