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← Securities and Futures Act 2001

Securities and Futures Act 2001 s 81SV

s 81SV Power of Authority to issue written directions

81SV.—(1) The Authority may, if it thinks it necessary or expedient in the public interest or for the protection of investors, issue written directions, either of a general or specific nature, to the Depository or the depository agent, to comply with such requirements as the Authority may specify in the written direction.[36/2014] (2) Without limiting subsection (1), any written direction may be issued with respect to the discharge of the duties or functions of the Depository or depository agent.[36/2014] (3) The Depository and the depository agent must comply with any direction made under subsection (1).[36/2014] (4) Before giving directions under subsection (1), the Authority may consult the Depository or the depository agent and afford it an opportunity to make representations.[36/2014] (5) It is not necessary to publish any direction given under subsection (1) in the Gazette.[36/2014]

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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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