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← Securities and Futures Act 2001

Securities and Futures Act 2001 s 180

s 180 Accounts of fund

180.—(1) An approved exchange must establish and keep proper accounts of its fidelity fund and must, within 5 months from the last day of each financial year of that exchange, cause a balance sheet in respect of such accounts to be made out as at the last day of that financial year.[2/2009] (2) The approved exchange must appoint an auditor to audit the accounts of the fidelity fund.[2/2009] (3) The auditor appointed by the approved exchange must —(a) regularly and fully audit the accounts of the fidelity fund; and (b) audit each balance sheet and cause it to be laid before the exchange not later than 3 months after the balance sheet was made out.[2/2009]

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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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