Securities and Futures (Provisions for Persons and Matters Previously Regulated under Commodity Trading Act) Regulations 2007

No. S 444

Securities and Futures Act

(Chapter 289)

Securities and Futures (Provisions for Persons and Matters Previously Regulated under Commodity Trading Act) Regulations 2007

In exercise of the powers conferred by section 342 of the Securities and Futures Act, the Monetary Authority of Singapore hereby makes the following Regulations:

PART I

PRELIMINARY

Citation and commencement

1. These Regulations may be cited as the Securities and Futures (Provisions for Persons and Matters Previously Regulated under Commodity Trading Act) Regulations 2007 and shall come into operation on 27th August 2007.

Definitions

2. In these Regulations, unless the context otherwise requires —

“Board” means the International Enterprise Singapore Board established under section 3 of the International Enterprise Singapore Board Act (Cap. 143B);

“commodity futures contract” has the meaning given to that expression in the CTA;

“CTA” means the Commodity Trading Act (Cap. 48A) in force immediately before 27th February 2008;

“CTA Regulations” means the Commodity Trading Regulations 2001 (G.N. No. S 578/2001) in force immediately before 27th February 2008;

“qualifying corporation” means a corporation that is deemed under regulation 6(1) to be the holder of a capital markets services licence to trade in futures contracts.

Forms

3.—(1) The forms to be used for the purposes of these Regulations are those set out at http://www.mas.gov.sg (under “Regulations and Licensing”, “Securities, Futures and Fund Management”), and any reference in these Regulations to a numbered form shall be construed as a reference to the current version of the form bearing the corresponding number in that website.

(2) Any document required to be lodged with the Authority under these Regulations shall be lodged in the relevant form and in the manner specified in the website referred to in paragraph (1), or in such other manner as the Authority may specify from time to time.

(3) All forms used for the purposes of these Regulations shall be completed in the English language and in accordance with such directions as may be specified in the forms or by the Authority.

(4) Where strict compliance with any form is not possible, the Authority may allow for the necessary modifications to be made to that form, or for the requirements of that form to be complied with in such other manner as the Authority thinks fit.

Made this 22nd day of August 2007.

HENG SWEE KEAT

Managing Director,
Monetary Authority of Singapore.

[CMD MCP 030/2003 Vol. 2; AG/LEG/SL/289/2005/31 Vol. 1]

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