s 20 What is minimum stockholding requirement or MSR
20. An entity that is subject to a minimum stockholding requirement in relation to an MSR product must —(a)
hold each day, at least the quantity of stocks of the MSR product designated for the entity for the day (called the daily MSR); and
(b)
hold, for each relevant period, at least the average quantity of stocks of the MSR product designated for the entity for the relevant period (called the average MSR).
The Singapore legislation on this platform is subject to copyright of the Singapore Government and is used/reproduced for the purposes of this platform with the permission of the Attorney-General's Chambers. Users of this platform may check Singapore Statutes Online for the latest version of the Singapore legislation.