Singapore legislation
Regulation 16
of Securities and Futures (Organised Markets) Regulations 2018
Regulation 16
Amounts to be paid out of fidelity funds
Subregulation 1
For the purposes of section 186(10) of the Act, the prescribed amount is $2 million.
Subregulation 2
For the purposes of section 186(11) of the Act, the prescribed amount is $50,000.