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No. S 888

Securities and Futures Act

(CHAPTER 289)

Securities and Futures
(Offers of Investments)
(Collective Investment Schemes)
(Amendment No. 2) Regulations 2014

In exercise of the powers conferred by sections 286, 287, 289, 296, 300, 302B, 302C, 305, 305B, 305C, 306, 337 and 341 of the Securities and Futures Act, the Monetary Authority of Singapore hereby makes the following Regulations:

Citation and commencement

1. These Regulations may be cited as the Securities and Futures (Offers of Investments) (Collective Investment Schemes) (Amendment No. 2) Regulations 2014 and shall come into operation on 2 January 2015.

Deletion and substitution of item 5 of First Schedule

2. Item 5 of the First Schedule to the Securities and Futures (Offers of Investments) (Collective Investment Schemes) Regulations 2005 (G.N. No. S 602/2005) (referred to in these Regulations as the First Schedule) is deleted and the following item substituted therefor:

“

Section 296(1)

For lodgment of —

(a)	any prospectus in respect of a collective investment scheme where —

$1,000

(i)	a prospectus in respect of an offer or invitation of units in such collective investment scheme has been previously registered by the Authority; or

(ii)	that scheme is a sub-fund of an existing umbrella fund and a prospectus in respect of other sub-funds of that umbrella fund has been previously registered by the Authority; or

(b)	any other prospectus.

$2,000

To avoid doubt, the lodgment fee will be charged on a per prospectus basis, regardless of the number of schemes or sub-funds in each prospectus.

”.

Deletion and substitution of item 7 of First Schedule

3. Item 7 of the First Schedule is deleted and the following item substituted therefor:

“

7.	Section 296(6C)

For lodgment of any amendment to —

(a)	a prospectus; or

$1,000

(b)	a profile statement.

$600

To avoid doubt, the lodgment fee will be charged on a per prospectus or profile statement basis, regardless of the number of schemes or sub-funds in each prospectus or profile statement, as the case may be.

”.

Amendment of item 8 of First Schedule

4. Item 8 of the First Schedule is amended by deleting “$1,200” in the last column and substituting “$2,000”.

[G.N. Nos. S 740/2005; S 420/2009; S 179/2010; S 469/2012; S 191/2013; S 494/2014]

Made on 30 December 2014.

RAVI MENON

Managing Director,
Monetary Authority of Singapore.

[CMD-CFD018/2005; AG/LLRD/SL/289/2010/3 Vol. 1]