Regulation 1
Citation and commencement
These Regulations may be cited as the Securities and Futures (Clearing Facilities) (Exemption) Regulations 2013 and shall come into operation on 1st August 2013.
/akn/sg/act/sub_leg/2001/SFA-S461-2013
Securities and Futures (Clearing Facilities) (Exemption) Regulations 2013
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- Type
- Subsidiary Legislation
- Status
- In force
- Enacted
- 2001
- Sections
- 2
Quick answer
About this subsidiary legislation
Securities and Futures (Clearing Facilities) (Exemption) Regulations 2013 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation SFA-S461-2013 2001, currently marked in force and first recorded in 2001.
Regulation 2
Exemption from section 49(1) of Act while application under section 50(1)(a) or (b) or (2) of Act is pending
Subregulation 1
Where any relevant person makes an application to the Authority under section 50(1)(a) or (b) or (2) of the Act during the period beginning on 1st August 2013 and ending on 1st November 2013, section 49(1) of the Act shall not apply to that relevant person during the period beginning on 1st August 2013 and ending on the date on which the application is granted, refused or withdrawn.
Subregulation 2
In paragraph (1), “relevant person” means —
(a)
any of the following corporations:
(i)
Clearstream Banking S.A.;
(ii)
Euroclear Bank S.A./N.V.;
(iii)
LCH.Clearnet Limited;
(iv)
NOS Clearing ASA; or
(b)
any person operating, immediately before and on 1st August 2013, a clearing facility for the clearing or settlement of derivatives contracts.
Common questions
- What is Securities and Futures (Clearing Facilities) (Exemption) Regulations 2013?
- Securities and Futures (Clearing Facilities) (Exemption) Regulations 2013 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation SFA-S461-2013 2001, currently marked in force and first recorded in 2001.
- Is Securities and Futures (Clearing Facilities) (Exemption) Regulations 2013 still in force?
- Yes — Securities and Futures (Clearing Facilities) (Exemption) Regulations 2013 is currently in force.
- When did Securities and Futures (Clearing Facilities) (Exemption) Regulations 2013 take effect?
- Securities and Futures (Clearing Facilities) (Exemption) Regulations 2013 was first recorded in 2001.
- How many regulations does Securities and Futures (Clearing Facilities) (Exemption) Regulations 2013 have?
- Securities and Futures (Clearing Facilities) (Exemption) Regulations 2013 contains 2 regulations.
- Where can I read the official version of Securities and Futures (Clearing Facilities) (Exemption) Regulations 2013?
- The official text of Securities and Futures (Clearing Facilities) (Exemption) Regulations 2013 is published at sso.agc.gov.sg.