Source: http://statutes.agc.gov.sg/aol/search/display/view.w3p;orderBy=date-rev,loadTime;page=0;query=Id%3A%22a9c9ee7f-c9cc-4b28-9ede-610fcf611971%22%20Status%3Ainforce;rec=0
Timestamp: 2014-09-22 02:13:13
Document Index: 600720184

Matched Legal Cases: ['art46', 'art48', 'art81', 'art125', 'art129', 'art170', 'art174', 'art176']

ContentsSecurities and Futures Act(CHAPTER 289)Long TitlePart I PRELIMINARY1 Short title2 Interpretation3 Associated person4 Interest in securities4A Specific classes of investors4B ApplicationPart II MARKETS5 Objectives of this PartDivision 1  Establishment of Markets6 Requirement for approval or recognitionSubdivision 1 Approved exchange and recognised market operator7 Application for approval or recognition8 Power of Authority to approve exchanges and recognise market operators9 General criteria to be taken into account by Authority10 Annual fees payable by approved exchange and recognised market operator11 Change in status12 Cancellation of approval or recognition13 Power of Authority to revoke approval and recognitionSubdivision 2 Exempt market operator14 Power of Authority to exempt corporations from approval or recognition15 Power of Authority to revoke exemptionDivision 2  Regulation of Approved ExchangesSubdivision 1 Obligations of approved exchanges16 General obligations16A Obligation to manage risks prudently17 Obligation to notify Authority of certain matters18 Obligation to maintain proper records19 Obligation to submit periodic reports20 Obligation to assist Authority21 Obligation to maintain confidentiality22 Penalties under this SubdivisionSubdivision 2 Rules of approved exchanges23 Business rules and listing rules of approved exchanges24 Business rules of approved exchanges have effect as contract25 Power of court to order observance or enforcement of business rules or listing rules26 Non-compliance with business rules or listing rules not to substantially affect rights of personSubdivision 3 Matters requiring approval of Authority27 Control of substantial shareholding in approved exchanges28 Approval of chairman, chief executive officer, director and key persons29 Power of Authority to approve instruments, contracts and transactions30 Listing of approved exchanges on securities marketSubdivision 4 Powers of Authority31 (Repealed)32 Power of Authority in securities market33 Additional powers of Authority in respect of auditors34 Emergency powers of Authority35 Power of Authority to exempt approved exchanges from provisions of this PartSubdivision 5 Immunity36 Immunity from criminal or civil liabilityDivision 3  Regulation of Recognised Market Operators37 General obligations38 Obligation to notify Authority of certain matters39 Obligation to maintain proper records40 Obligation to submit periodic reports41 Obligation to assist Authority42 Power of Authority to approve instruments, contracts and transactions43 Penalties under this Division43A Power of Authority to exempt recognised market operators from provisions of this PartDivision 4  General Powers of Authority44 Power of Authority to remove officers44A Interpretation of sections 44A to 44F44B Action by Authority if approved exchange or recognised market operator unable to meet obligations, etc.44C Effect of assumption of control under section 44B44D Duration of control44E Responsibilities of officers, member, etc., of approved exchange or recognised market operator44F Remuneration and expenses of Authority and others in certain cases45 Power of Authority to make regulations46 Power of Authority to issue directionsDivision 5  Voluntary Transfer of Business of Approved Exchange or Recognised Market Operator46AA Interpretation of this Division46AAA Voluntary transfer of business46AAB Approval of transferPart IIA TRADE REPOSITORIES46A Objectives of this Part46B Interpretation of this PartDivision 1  Licensing of Trade Repositories46C Holding out as licensed trade repository or licensed foreign trade repository46D Application for licence46E Power of Authority to grant trade repository licence or foreign trade repository licence46F Annual fees payable by licensed trade repository or licensed foreign trade repository46G Cancellation of trade repository licence or foreign trade repository licence46H Power of Authority to revoke trade repository licence or foreign trade repository licenceDivision 2  Regulation of Licensed Trade RepositoriesSubdivision 1 Obligations of licensed trade repositories46I General obligations46J Obligation to manage risks prudently46K Obligation to notify Authority of certain matters46L Obligation to maintain proper records46M Obligation to submit periodic reports46N Obligation to assist Authority46O Obligation to maintain confidentiality46P Penalties under this SubdivisionSubdivision 2 Rules of licensed trade repositories46Q Business rules of licensed trade repositories46R Business rules of licensed trade repositories have effect as contract46S Power of court to order observance or enforcement of business rules46T Non-compliance with business rules not to substantially affect rights of personSubdivision 3 Matters requiring approval of Authority46U Control of substantial shareholding in licensed trade repository46V Approval of chairman, chief executive officer, director and key personsSubdivision 4 Powers of Authority46W (Repealed)46X Additional powers of Authority in respect of auditors46Y Emergency powers of Authority46Z Power of Authority to remove officers of licensed trade repositorySubdivision 5 Immunity46ZA Immunity from criminal or civil liabilityDivision 3  Regulation of Licensed Foreign Trade Repositories46ZB General obligations46ZC Obligation to manage risks prudently46ZD Obligation to notify Authority of certain matters46ZE Obligation to maintain proper records46ZF Obligation to submit periodic reports46ZG Obligation to assist Authority46ZH Obligation to maintain confidentiality46ZI Penalties under this DivisionDivision 4  General Powers of Authority46ZIA Interpretation of sections 46ZIA to 46ZIF46ZIB Action by Authority if licensed trade repository unable to meet obligations, etc.46ZIC Effect of assumption of control under section 46ZIB46ZID Duration of control46ZIE Responsibilities of officers, member, etc., of licensed trade repository46ZIF Remuneration and expenses of Authority and others in certain cases46ZJ Power of Authority to make regulations46ZK Power of Authority to issue directions46ZL Power of Authority to exempt licensed trade repository or licensed foreign trade repository from provisions of this PartDivision 5  Voluntary Transfer of Business of Licensed Trade Repository or Licensed Foreign Trade Repository46ZM Interpretation of this Division46ZN Voluntary transfer of business46ZO Approval of transferPart III CLEARING FACILITIES47 Objectives of this Part48 Interpretation of this PartDivision 1  Establishment of Clearing Facilities49 Requirement for approval or recognition50 Application for approval or recognition51 Power of Authority to approve or recognise clearing house52 General criteria to be taken into account by Authority53 Annual fees payable by approved clearing house or recognised clearing house54 Change in status55 Cancellation of approval or recognition56 Power of Authority to revoke approval and recognitionDivision 2  Regulation of Approved Clearing HousesSubdivision 1 Obligations of approved clearing houses57 General obligations58 Obligation to notify Authority of certain matters59 Obligation to manage risks prudently, etc.60 Obligation in relation to customers’ money and assets held by approved clearing house61 Obligation to maintain proper records62 Obligation to submit periodic reports63 Obligation to assist Authority64 Obligation to maintain confidentiality65 Penalties under this SubdivisionSubdivision 2 Rules of approved clearing houses66 Business rules of approved clearing houses67 Business rules of approved clearing houses have effect as contract68 Power of court to order observance or enforcement of business rules69 Non-compliance with business rules not to substantially affect rights of personSubdivision 3 Matters requiring approval of Authority70 Control of substantial shareholding in approved clearing house71 Approval of chairman, chief executive officer, director and key persons72 Listing of approved clearing houses on securities market73 Additional powers of Authority in respect of auditorsSubdivision 4 Immunity74 Immunity from criminal or civil liabilityDivision 3  Regulation of Recognised Clearing Houses75 General obligations76 Obligation to notify Authority of certain matters77 Obligation in relation to customers’ money and assets held by recognised clearing house78 Obligation to maintain proper records79 Obligation to submit periodic reports80 Obligation to assist Authority81 Obligation to maintain confidentiality81A Penalties under this DivisionDivision 4  Insolvency81B Application of this Division81C Proceedings of approved clearing house or recognised clearing house shall take precedence over law of insolvency81D Supplementary provisions as to default proceedings81E Duty to report on completion of default proceedings81F Net sum payable on completion of default proceedings81G Disclaimer of onerous property, rescission of contracts, etc.81H Adjustment of prior transactions81I Right of relevant office holder to recover certain amounts arising from certain transactions81J Application of market collateral not affected by certain other interest, etc.81K Enforcement of judgments over property subject to market charge, etc.81L Law of insolvency in other jurisdictions81M Participant to be party to certain transactions as principal81N Preservation of rights, etc.81O Immunity from criminal or civil liabilityDivision 5  General Powers of Authority81P Power of Authority to remove officers81Q Power of Authority to make regulations81R Power of Authority to issue directions81S Emergency powers of Authority81SA Interpretation of sections 81SA to 81SAE81SAA Action by Authority if approved clearing house or recognised clearing house unable to meet obligations, etc.81SAB Effect of assumption of control under section 81SAA81SAC Duration of control81SAD Responsibilities of officers, member, etc., of approved clearing house or recognised clearing house81SAE Remuneration and expenses of Authority and others in certain cases81SB Power of Authority to exempt approved clearing house or recognised clearing house from provisions of this PartDivision 6  Voluntary Transfer of Business of Approved Clearing House or Recognised Clearing House81SC Interpretation of this Division81SD Voluntary transfer of business81SE Approval of transferPart IIIA APPROVED HOLDING COMPANIES81T Objectives of this PartDivision 1  Establishment of Approved Holding Companies81U Requirement for approval81V Application for approval81W Power of Authority to approve holding companies81X Annual fees payable by approved holding company81Y Cancellation of approval81Z Power of Authority to revoke approvalDivision 2  Regulation of Approved Holding Companies81ZA Obligation to notify Authority of certain matters81ZB Obligation to submit periodic reports81ZC Obligation to assist Authority81ZD Obligation to maintain confidentiality81ZE Control of substantial shareholding in approved holding companies81ZF Approval of chairman, chief executive officer, director and key persons81ZG Listing of approved holding companies on securities market81ZGA Information of insolvency, etc.81ZGB Interpretation of sections 81ZGB to 81ZGG81ZGC Action by Authority if approved holding company unable to meet obligations, etc.81ZGD Effect of assumption of control under section 81ZGC81ZGE Duration of control81ZGF Responsibilities of officers, member, etc., of approved holding company81ZGG Remuneration and expenses of Authority and others in certain cases81ZH Additional powers of Authority in respect of auditors81ZI Power of Authority to exempt approved holding company from provisions of this Part81ZJ Power of Authority to remove officers81ZK Power of Authority to make regulations81ZL Power of Authority to issue directionsDivision 3  Voluntary Transfer of Business of Approved Holding Company81ZM Interpretation of this Division81ZN Voluntary transfer of business81ZO Approval of transferPart IV HOLDERS OF CAPITAL MARKETS SERVICES LICENCE AND REPRESENTATIVESDivision 1  Capital Markets Services Licence82 Need for capital markets services licence83 (Repealed)84 Application for grant of capital markets services licence85 Licence fee86 Grant of capital markets services licence87 (Repealed)87A (Repealed)88 Power of Authority to impose conditions or restrictions89 (Repealed)90 Variation of capital markets services licence91 Deposit to be lodged in respect of capital markets services licence92 False statements in relation to application for grant or variation of capital markets services licence93 Notification of change of particulars94 Records of holders of capital markets services licence95 Lapsing, revocation and suspension of capital markets services licence96 Approval of chief executive officer and director of holder of capital markets services licence97 Removal of officer of holder of capital markets services licence97A Control of take-over of holder of capital markets services licence97B Objection to control of holder of capital markets services licence97C Information of insolvency, etc.97D Interpretation of sections 97D to 97I97E Action by Authority if holder of capital markets services licence unable to meet obligations, etc.97F Effect of assumption of control under section 97E97G Duration of control97H Responsibilities of officers, member, etc., of holder of capital markets services licence97I Remuneration and expenses of Authority and others in certain cases98 Appeals99 Exemptions from requirement to hold capital markets services licence99A Annual fees payable by exempt person and certain representativesDivision 1A  Voluntary Transfer of Business of Holder of Capital Markets Services Licence99AA Interpretation of this Division99AB Voluntary transfer of business99AC Approval of transferDivision 2  Representatives99B Acting as representative99C Records and public register of representatives99D Appointed representative99E Provisional representative99F Temporary representative99G Offences99H Lodgment of documents99I Exemption99J Representative to act for only one principal99K Lodgment and fees99L Additional regulated activity99M Power of Authority to refuse entry or revoke or suspend status of appointed, provisional or temporary representative99N Power of Authority to impose conditions or restrictions99O False statements in relation to notification of appointed, provisional or temporary representative99P AppealsDivision 3  General100 Power of Authority to make regulations101 Power of Authority to issue written directions101A Power of Authority to make prohibition orders101B Effect of prohibition orders101C Variation or revocation of prohibition orders101D Date and effect of prohibition ordersPart V BOOKS, CUSTOMER ASSETS AND AUDITDivision 1  Books102 Keeping of books and furnishing of returns103 Penalties under this DivisionDivision 2  Customer Assets103A Interpretation of this Division104 Handling of customer assets104A Non-availability of customer money and other assets for payment of debt105 Penalties under this DivisionDivision 3  Audit106 Appointment of auditors107 Lodgment of annual accounts, etc.108 Reports by auditor to Authority in certain cases109 Power of Authority to appoint auditor110 Power of auditors appointed by Authority111 Offence to destroy, conceal, alter, etc., books112 Safeguarding of books113 Restriction on auditor’s and employee’s right to communicate certain matters114 Exchanges, etc., may impose additional obligations on members115 Additional powers of Authority in respect of auditors116 DefamationPart VI CONDUCT OF BUSINESSDivision 1  General117 (Repealed)118 (Repealed)119 (Repealed)120 (Repealed)121 (Repealed)122 (Repealed)123 Power of Authority to make regulationsPart VIA REPORTING OF DERIVATIVES CONTRACTS124 Interpretation of this Part125 Reporting of specified derivatives contracts126 Power of Authority to obtain information127 Directions on alternative reporting arrangements128 Compliance with laws and practices of relevant reporting jurisdiction129 Power of Authority to make regulations129A Exemption from section 125Part VIB CLEARING OF DERIVATIVES CONTRACTS129B Interpretation of this Part129C Clearing of specified derivatives contracts129D Power of Authority to obtain information129E Directions on alternative clearing arrangements129F Compliance with laws and practices of relevant clearing jurisdiction129G Power of Authority to make regulations129H Exemption from section 129CPart VII DISCLOSURE OF INTERESTSDivision 1  Disclosure of Interest in Corporation130 Application and interpretation of this Division131 Persons obliged to comply with this Division and power of Authority to grant exemption or extension132 Authority may extend scope of Division in certain circumstancesSubdivision 1 Disclosure by directors and chief executive officer of corporation133 Duty of director or chief executive officer to notify corporation of his interests134 Penalties under this SubdivisionSubdivision 2 Disclosure by substantial shareholders in corporation135 Duty of substantial shareholder to notify corporation of his interests136 Duty of substantial shareholder to notify corporation of change in interests137 Duty of person who ceases to be substantial shareholder to notify corporation137A Beneficial owner to ensure notification by person who holds, acquires or disposes of interests on his behalf137B Notification by person who holds, acquires or disposes of interests for benefit of another person137C Corporation to keep register of substantial shareholders137D Penalties under this Subdivision137E Powers of court with respect to non-compliance by substantial shareholders137F Power of corporation to require disclosure of beneficial interest in its voting sharesSubdivision 3 Disclosure by corporation137G Duty of corporation to make disclosureDivision 2  Disclosure of Interest in Business Trust and Interest in Trustee-Manager of Business Trust137H Application and interpretation of this Division137I Persons obliged to comply with this Division and power of Authority to grant exemption or extensionSubdivision 1 Disclosure by substantial unitholders of business trust137J Duty of substantial unitholder to notify trustee-manager of his interests137K Trustee-manager to keep register of substantial unitholders137L Powers of court with respect to non-compliance by substantial unitholders137M Power of trustee-manager to require disclosure of beneficial interest in voting unitsSubdivision 2 Disclosure by directors and chief executive officer of trustee-manager of business trust137N Duty of director and chief executive officer of trustee-manager to notify his interests137O Penalties under this SubdivisionSubdivision 3 Disclosure by holders of voting shares in trustee-manager137P Duty of holders of voting shares in trustee-manager to notify trustee-manager137Q Penalties under this SubdivisionSubdivision 4 Disclosure by trustee-manager137R Duty of trustee-manager of business trust to make disclosureDivision 3  Disclosure of Interests in Real Estate Investment Trust and Interests in Shares of Responsible Person137S Application and interpretation of this Division137T Persons obliged to comply with Division and power of Authority to grant exemption or extensionSubdivision 1 Disclosure by substantial unitholders of real estate investment trust137U Duty of substantial unitholder to notify trustee and responsible person of his interests137V Trustee to keep register of substantial unitholders137W Powers of court with respect to non-compliance by substantial unitholders137X Power of trustee to require disclosure of beneficial interest in voting unitsSubdivision 2 Disclosure by directors and chief executive officer of responsible person137Y Duty of director and chief executive officer of responsible person to notify his interests137Z Penalties under this SubdivisionSubdivision 3 Disclosure by holders of voting shares in responsible person137ZA Duty of holders of voting shares in responsible person to notify responsible person137ZB Penalties under this SubdivisionSubdivision 4 Disclosure by responsible person137ZC Duty of responsible person for real estate investment trust to make disclosureDivision 4  Civil Penalty137ZD Civil penalty137ZE Action under section 137ZD not to commence, etc., in certain situations137ZF Jurisdiction of District Court137ZG Rules of CourtPart VIII SECURITIES INDUSTRY COUNCIL AND TAKE-OVER OFFERS138 Securities Industry Council139 Take-over Code140 Offences relating to take-over offersPart IX SUPERVISION AND INVESTIGATIONDivision 1  Supervisory PowersSubdivision 1 Powers of Authority to require disclosure of information about securities and futures contracts141 Interpretation of this Subdivision142 Acquisition and disposal of securities or futures contracts, etc.143 Exercise of certain powers in relation to securities144 Exercise of certain powers in relation to futures contracts145 Self-incrimination146 Savings for advocates and solicitors147 Immunities148 Offences149 Copies of or extracts from documents to be admitted in evidenceSubdivision 2 Inspection powers of Authority150 Inspection by Authority150A Confidentiality of inspection reportsSubdivision 3 Inspection powers of foreign regulatory authority150B Inspection by foreign regulatory authority150C Confidentiality of inspection report by foreign regulatory authorityDivision 2  Power of Minister to Appoint Inspector for Investigating Dealings in Securities, etc.151 Power of Minister to appoint inspectorsDivision 3  Investigative Powers of AuthoritySubdivision 1 General152 Investigation by Authority152A Confidentiality of investigation reports153 Self-incrimination and savings for advocates and solicitorsSubdivision 2 Examination of persons154 Requirement to appear for examination155 Proceedings at examination156 Requirements made of examinee157 Examination to take place in private158 Record of examination159 Giving copies of record to other persons160 Copies given subject to conditions161 Record to accompany report162 Offences under this SubdivisionSubdivision 3 Powers to obtain information163 Power of Authority to order production of books163A Power to enter premises without warrant164 Warrant to seize books, etc.165 Powers where books are produced or seized166 Powers where books not produced167 Copies of or extracts from books to be admitted in evidence168 Offences under this DivisionDivision 4  Transfer of Evidence168A Interpretation of this Division168B Evidence obtained by Authority may be used in criminal investigations and proceedings168C Evidence obtained in police investigations may be used in civil proceedingsPart X ASSISTANCE TO FOREIGN REGULATORY AUTHORITIES169 Interpretation of this Part170 Conditions for provision of assistance171 Other factors to consider for provision of assistance172 Assistance that may be rendered173 Offences under this Part174 ImmunitiesPart XI INVESTOR COMPENSATION SCHEME175 Interpretation of this Part176 Establishment of fidelity fund177 Moneys constituting fidelity fund178 Fund to be kept in separate bank account179 Payments out of fidelity fund180 Accounts of fund181 Fidelity fund to consist of amount of $20 million, etc.182 Provisions if fund is reduced below minimum amount183 Levy to meet liabilities184 Power of approved exchange to make advances to fund185 Investment of fund186 Application of fund187 Claims against fund188 Notice calling for claims against fund189 Power of approved exchange to settle claims190 Power of approved exchange to require production of evidence191 Subrogation of approved exchange to rights, etc., of claimant upon payment from fund192 Payment of claims only from fund193 Provision where fund insufficient to meet claims or where claims exceed total amount payable194 Power of approved exchange to enter into contracts of insurance195 Application of insurance moneysPart XII MARKET CONDUCTDivision 1  Prohibited Conduct — Securities196 Application of this Division196A Interpretation of this Division197 False trading and market rigging transactions198 Securities market manipulation199 False or misleading statements, etc.200 Fraudulently inducing persons to deal in securities201 Employment of manipulative and deceptive devices202 Dissemination of information about illegal transactions203 Continuous disclosure204 Penalties under this DivisionDivision 2  Prohibited Conduct — Futures Contracts, Leveraged Foreign Exchange Trading205 Application of this Division206 False trading207 Bucketing208 Manipulation of price of futures contract and cornering209 Fraudulently inducing persons to trade in futures contracts210 Employment of fraudulent or deceptive devices, etc.211 Dissemination of information about illegal transactions212 Penalties under this DivisionDivision 3  Insider Trading213 Application of this Division214 Interpretation of this Division215 Information generally available216 Material effect on price or value of securities217 Trading and procuring trading in securities218 Prohibited conduct by connected person in possession of inside information219 Prohibited conduct by other persons in possession of inside information220 Not necessary to prove intention to use221 Penalties under this Division222 Exception for redemption of units in collective investment scheme223 Exception for underwriters224 Exception for purchase pursuant to legal requirement225 Exception for information communicated pursuant to legal requirement226 Attribution of knowledge within corporations227 Attribution of knowledge within partnerships and limited liability partnerships228 Exception for knowledge of person’s own intentions or activities229 Exception for corporations and its officers, etc.230 Unsolicited transactions by holder of capital markets services licence and representatives231 Parity of information defencesDivision 4  Civil Liability232 Civil penalty233 Action under section 232 not to commence, etc., in certain situations234 Civil liability235 Action under section 234 not to commence, etc., in certain situations236 Civil liability in event of conviction, etc.Division 5  Attributed Liability236A Interpretation of this DivisionSubdivision 1 Corporations236B Liability of corporation when employee or officer commits contravention with consent or connivance of corporation236C Civil penalty when corporation fails to prevent or detect contravention by employee or officer236D Civil liability of corporation for contravention by employee or officerSubdivision 2 Partnerships and limited liability partnerships236E Liability of partnership and limited liability partnership when partner, etc., commits contravention with consent or connivance236F Civil penalty when partnership or limited liability partnership fails to prevent or detect contravention by partner, etc.236G Civil liability of partnership or limited liability partnership for contravention by partner, etc.Subdivision 3 Officers, partners, etc., of entities236H Civil penalty against officer of corporation, etc.236I Civil liability of officer of corporation, etc.Subdivision 4 General236J Actions not to commence or stayed in certain situations236K Civil liability in event of conviction or civil penalty236L Order for disgorgement against third partyDivision 6  Miscellaneous237 Jurisdiction of District Court238 Rules of CourtPart XIII OFFERS OF INVESTMENTSDivision 1  Shares and DebenturesSubdivision 1 Interpretation239 Preliminary provisions239A Authority may disapply this Division to certain offers239B Modification of provisions to certain offersSubdivision 2 Prospectus requirements240 Requirement for prospectus and profile statement, where relevant240A Debenture issuance programme241 Lodging supplementary document or replacement document242 Stop order for prospectus and profile statement243 Contents of prospectus244 (Repealed)245 Retention of over-subscriptions and statement of asset-backing in debenture issues246 Contents of profile statement247 Exemption from requirements as to form or content of prospectus or profile statement248 Exemption for certain governmental and international entities as regards signing of copy of prospectus or profile statement by all directors or equivalent persons249 Expert’s consent to issue of prospectus or profile statement containing statement by him249A Consent of issue manager and underwriter to being named in prospectus or profile statement250 Duration of validity of prospectus and profile statement251 Restrictions on advertisements, etc.252 Persons liable on prospectus or profile statement to inform person making offer about certain deficiencies253 Criminal liability for false or misleading statements254 Civil liability for false or misleading statements255 Defences256 (Repealed)257 Document containing offer of securities for sale deemed prospectus258 Application and moneys to be held in trust in separate bank account until allotment259 Allotment of securities where prospectus indicates application to list on securities exchange260 Prohibition of allotment unless minimum subscription receivedSubdivision 3 Debentures261 Preliminary provisions262 Offer of asset-backed securities263 (Repealed)264 (Repealed)265 Power of court in relation to certain irredeemable debentures266 Duties of trustees267 Powers of trustee to apply to court for directions, etc.267A Right of Authority, securities exchange and holders of debentures to apply to court for order268 Obligations of borrowing entity269 Obligation of guarantor entity to furnish information270 Loans and deposits to be immediately repayable on certain events271 Liability of trustees for debenture holdersSubdivision 4 Exemptions272 Issue or transfer of securities for no consideration272A Small offers272B Private placement273 Offer made under certain circumstances274 Offer made to institutional investors275 Offer made to accredited investors and certain other persons276 Offer of securities acquired pursuant to section 274 or 275277 Offer made using offer information statement278 Offer in respect of international debentures279 Offer of debentures made by Government or international financial institutions280 Making offer using automated teller machine or electronic means281 Revocation of exemption282 Transactions under exempted offers subject to Division 2 of Part XII of Companies Act and Part XII of this ActDivision 1A  Business TrustsSubdivision 1 Interpretation282A Preliminary provisions282B Division not to apply to certain business trusts which are collective investment schemes282BA Modification of provisions to certain offersSubdivision 2 Prospectus requirements282C Requirement for prospectus and profile statement, where relevant282D Lodging supplementary document or replacement document282E Stop order for prospectus and profile statement282F Contents of prospectus282G Contents of profile statement282H Exemption from requirements as to form or content of prospectus or profile statement282I Expert’s consent to issue of prospectus or profile statement containing statement by him282J Consent of issue manager and underwriter to being named in prospectus or profile statement282K Duration of validity of prospectus and profile statement282L Restrictions on advertisements, etc.282M Persons liable on prospectus or profile statement to inform person making offer about certain deficiencies282N Criminal liability for false or misleading statements282O Civil liability for false or misleading statements282P Defences282Q Document containing offer of units or derivatives of units for sale deemed prospectus282R Application and moneys to be held in trust in separate bank account until allotment282S Allotment of units or derivatives of units where prospectus indicates application to list on securities exchange282T Prohibition of allotment unless minimum subscription receivedSubdivision 2A Recognised business trusts282TA Power of Authority to recognise business trusts constituted outside Singapore282TB Power of Authority to impose conditions or restrictions282TC Revocation, suspension or withdrawal of recognitionSubdivision 3 Exemptions282U Issue or transfer of units or derivatives of units for no consideration282V Small offers282W Private placement282X Offer made under certain circumstances282Y Offer made to institutional investors282Z Offer made to accredited investors and certain other persons282ZA Offer of securities acquired pursuant to section 282Y or 282Z282ZAA Offer of units converted from debentures282ZB Offer made using offer information statement282ZC Making offer using automated teller machine or electronic means282ZD Revocation of exemption282ZE Transactions under exempted offers subject to Division 2 of Part XII of Companies Act and Part XII of this ActSubdivision 4 Debentures282ZF Applicability of provisions relating to prospectus requirementsDivision 2  Collective Investment SchemesSubdivision 1 Interpretation283 Interpretation of this Division283A Use of term "real estate investment trust"284 Code on Collective Investment Schemes284A Authority may disapply this Division to certain offers and invitations284B Division not to apply to certain collective investment schemes which are business trusts284C Modification of provisions to certain offersSubdivision 2 Authorisation and recognition285 Requirement for authorisation or recognition286 Authorised schemes287 Recognised schemes288 Revocation, suspension or withdrawal of authorisation or recognition289 Approval of trustees290 Inspection of approved trustees291 Duty of trustees to furnish Authority with such return and information as Authority requires292 Liability of trustees292A Disqualification or removal of director or executive officer292B Information of insolvency, etc.292C Interpretation of sections 292C to 292H292D Action by Authority if approved trustee unable to meet obligations, etc.292E Effect of assumption of control under section 292D292F Duration of control292G Responsibilities of officers, member, etc., of approved trustee292H Remuneration and expenses of Authority and others in certain cases293 Authority may issue directions294 Service295 Winding up295A Power to acquire units of participants of real estate investment trust in certain circumstances295B Unclaimed money to be paid to Official Receiver295C Remedies in cases of oppression or injusticeSubdivision 2A Voluntary transfer of business of approved trustee295D Interpretation of this Subdivision295E Voluntary transfer of business295F Approval of transferSubdivision 3 Prospectus requirements296 Requirement for prospectus and profile statement, where relevant297 Stop order for prospectus and profile statement298 Lodging supplementary document or replacement document299 Duration of validity of prospectus and profile statement300 Restrictions on advertisements, etc.301 Issue of units where prospectus indicates application to list on securities exchange302 Application of provisions relating to securitiesSubdivision 4 Exemptions302A Issue or transfer for no consideration302B Small offers302C Private placement303 Offer or invitation made under certain circumstances304 Offer made to institutional investors304A First sale of units acquired pursuant to section 304305 Offer made to accredited investors and certain other persons305A First sale of units acquired pursuant to section 305305B Offer made using offer information statement305C Making offer using automated teller machine or electronic means306 Power of Authority to exempt307 Revocation of exemption308 Transactions under exempted offers subject to Division 2 of Part XII of Companies Act and Part XII of this ActDivision 3  Securities Hawking309 Securities hawking prohibitedPart XIV APPEALS310 Appeals to Minister311 Appeal Advisory Committees312 Disclosure of information313 Regulations for purposes of this PartPart XV MISCELLANEOUS314 (Repealed)315 (Repealed)316 Opportunity to be heard317 Records318 Size, durability and legibility of records delivered to Authority318A Translation of instruments319 Supply of magnetic tapes — exclusion of liability for errors or omissions320 Appointment of assistants321 Codes, guidelines, etc., by Authority322 Power of Authority to publish information323 (Repealed)324 Power of court to prohibit payment or transfer of moneys, securities, etc.325 Power of court to make certain orders326 Injunctions327 Criminal jurisdiction of District Court328 Falsification of records by officer, employee or agent of relevant person329 Duty not to furnish false information to Authority330 Duty not to furnish false statements to securities exchange, futures exchange, licensed trade repository, approved clearing house, recognised clearing house and Securities Industry Council331 Corporate offenders and unincorporated associations332 Offences by officers333 Penalties for corporations334 Power of Authority to reprimand for misconduct335 General penalty336 Proceedings with consent of Public Prosecutor and power to compound offences337 Exemption338 Power to make regulations giving effect to treaty, etc., relating to securities or futures339 Extra-territoriality of Act340 Amendment of Schedules341 Regulations342 Regulations to apply Act to persons and matters previously regulated under Commodity Trading ActFIRST SCHEDULE
The closest version currently available is that of 01/05/2014.
AmendedAct 34 of 2012Power of Authority to approve instruments, contracts and transactions29.—(1) No approved exchange shall, without the approval of the Authority, list, de-list or permit the trading of —