Singapore legislation

Regulation 6

of Securities and Futures (Short Selling) Regulations 2018

Regulation 6

Prescribed agreement and arrangement under section 137ZH(3)(c) of Act

For the purposes of determining when a person does not have an interest in specified capital markets products under section 137ZH(3)(c) of the Act, the agreements and arrangements prescribed under that provision are —

(a)

any collective investment scheme —

(i)

of which the person is a participant; (ii)of which property includes the specified capital markets products; and

(iii)

under which the person has an equitable interest in the specified capital markets products; and

(b)

any agreement or arrangement under which the person carries on a business in the regulated activity of fund management and has authority under the agreement or arrangement (as the case may be) to dispose of the specified capital markets products in the course of that business.

Read in full context — Securities and Futures (Short Selling) Regulations 2018 →