2. Exemption for disclosures, etc., to comply with foreign securities law

A person who is required under the securities laws of a foreign jurisdiction to make a disclosure, notice or report, is exempt from sections 251(1) and 300(1) of the Act in relation to any advertisement or publication that consists solely of a disclosure, notice or report necessary for compliance with such requirement.

In this regulation —

“foreign jurisdiction” means a jurisdiction other than Singapore;

“securities laws”, in relation to a foreign jurisdiction, means any legislation of the jurisdiction pertaining to securities regulation, or any rules or other requirements of a regulatory authority of the jurisdiction.