Singapore legislation

Regulation 14

of Significant Infrastructure Government Loan Regulations 2021

Regulation 14

Notification of successful application

Subregulation 1

The MAS must notify every successful applicant who is a primary dealer.

Subregulation 2

Where a successful applicant is not a primary dealer, the MAS must give to the primary dealer which had submitted the application on behalf of the successful applicant, a notification specifying the particulars of allotment of SINGA securities to the successful applicant.

Subregulation 3

On receipt of a notification under paragraph (2), the primary dealer concerned must without delay inform the successful applicant of the particulars specified in the notification.