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← Securities and Futures Act 2001

Securities and Futures Act 2001 s 104A

s 104A Non‑availability of customer money and other assets for payment of debt

104A. Except as otherwise provided in this Part or the regulations made thereunder, all money or other assets received from or on account of customers or deposited in the manner prescribed under section 104(1)(b) —(a) are not available for payment of the debts of the holder of a capital markets services licence; and (b) are not liable to be paid or taken under or pursuant to an enforcement order or a process of any court.[Act 25 of 2021 wef 01/04/2022]

Read this section in the full act → · Open Division 2 →

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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