Singapore legislation

Regulation 3

of Securities and Futures (Market Conduct) (Exemption for Stabilising Action in respect of Dealings in Notes) (No. 38) Regulations 2004

Regulation 3

Exemption

Sections 197 and 198 of the Act shall not apply to any stabilising action taken in respect of any of the 2007 Notes or 2010 Notes, within 30 days from the date of issue of the 2007 Notes or 2010 Notes, as the case may be, with —

(a)

a person referred to in section 274 of the Act; or

(b)

a sophisticated investor as defined in section 275(2) of the Act.

Read in full context — Securities and Futures (Market Conduct) (Exemption for Stabilising Action in respect of Dealings in Notes) (No. 38) Regulations 2004 →