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Subsidiary Legislation

Securities and Futures (Exemption of Frasers Commercial Trust) Regulations 2020

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reg 1Citation and commencement

These Regulations are the Securities and Futures (Exemption of Frasers Commercial Trust) Regulations 2020 and come into operation on 30 April 2020.

reg 2Exemption

The responsible person for Frasers Commercial Trust is exempt from the requirement under section 295(2) of the Act to take the necessary steps to wind up Frasers Commercial Trust following the withdrawal of the Authority’s authorisation of Frasers Commercial Trust under section 288(7) of the Act.