Securities Act (Banks) Exemption Notice 2002 (SR 2002/305) (as at 21 May 2010)

Regulation by clause

11 Exemption from clauses 16 and 17(1) of Schedule 3D of Regulations
  • Every bank and every person acting on its behalf are exempted from clauses 16 and 17(1) of Schedule 3D of the Regulations in respect of any debt securities of which the bank is the issuer.