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← Commodity Trading Act 1992

Commodity Trading Act 1992 s 31

s 31 Nature of pool and segregation of funds by pool operator, etc.

31.—(1) All money, securities or other property received by a commodity pool operator from existing or prospective pool participants for the purchase of an interest in a pool must be received in the pool’s name. (2) No commodity pool operator may commingle the property of any pool that it operates or intends to operate with the property of any other person. (3) The Board may by regulations provide for the capital, structure, minimum financial requirements, organisation and conduct of a pool operated by a commodity pool operator and for the exemption of certain pools from the requirements of this section.

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Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. Read the official text ↗

Source: Singapore Statutes Online (Attorney-General's Chambers), © Government of Singapore.

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