Securities Industry (Amendment No. 2) Regulations 2001

Status:

Published in Subsidiary Legislation Supplement
on 31 Oct 2001

No. S 545

Securities Industry Act

(Chapter 289)

Securities Industry (Amendment No. 2) Regulations 2001

In exercise of the powers conferred by sections 2 (2) and 118 of the Securities Industry Act, the Monetary Authority of Singapore hereby makes the following Regulations:

Citation and commencement

1. These Regulations may be cited as the Securities Industry (Amendment No. 2) Regulations 2001 and shall come into operation on 31st October 2001.

Amendment of regulation 37A

2. Regulation 37A(14) of the Securities Industry Regulations (Rg 1) is amended —

(a)

by deleting the definition of “initial public offer” and substituting the following definition:

“ “initial public offer”, in relation to securities, means the first public offer for subscription or sale of securities in conjunction with the listing of the securities for quotation on the Exchange;”;

(b)

by deleting the definition of “issuer” and substituting the following definition:

“ “issuer”, in relation to an initial public offer, means the person who issues the securities that are being listed or, where the securities have been issued, the person who makes the offer to sell those securities;”; and

(c)

by inserting, immediately after the definition of “over-allotment”, the following definition:

“ “prospectus” includes any document deemed to be a prospectus under the Companies Act (Cap. 50);”.

[G.N. No. S 433/95; S 569/98; S 397/99; S 579/99; S 107/2000; S 246/2001]

Made this 30th day of October 2001.

KOH YONG GUAN

Managing Director,
Monetary Authority of Singapore.

[FSG CFD 050 Pt.196; AG/LEG/SL/289/1998/1 Vol. 2]

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