Singapore legislation

Regulation 2

of Securities and Futures (Transitional and Savings Provisions for Parts II, III and IIIA) Regulations 2005

Regulation 2

Deemed approved exchanges

Subregulation 1

The following companies shall each be deemed to have been approved as an approved exchange under section 8(1) of the Act:

(a)

the company known as Singapore Exchange Securities Trading Limited, which was approved as a securities exchange under section 9 of the Act in force immediately before 1st July 2005; and (b)the company known as Singapore Exchange Derivatives Trading Limited, which was approved as a futures exchange under section 9 of the Act in force immediately before 1st July 2005.

Subregulation 2

Any condition or restriction imposed by the Authority, by notice in writing, on any of the companies referred to in paragraph (1) as a securities exchange or a futures exchange, as the case may be, and in force immediately before 1st July 2005 shall be deemed to be a condition or restriction to which its approval under section 8(1) of the Act is subject.

Read in full context — Securities and Futures (Transitional and Savings Provisions for Parts II, III and IIIA) Regulations 2005 →