12.6.3

Past version: Effective from 29 Dec 2014 to 30 Jun 2016

In the case of a Trading Member that holds a Capital Markets Services Licence:

(1) A contract note must:
(a) be sent by the next market day;
(b) contain the information specified in Regulation 42(1) of the Securities and Futures (Licensing and Conduct of Business) Regulations; and
(c) show separately:
(i) brokerage charged;
(ii) clearing fee;
(iii) stamp duty;
(iv) Goods and Services Tax; and
(v) any other charges,
unless otherwise prescribed by SGX-ST from time to time,
(2) before issuing contract notes in electronic form, the Trading Member must obtain the customer's prior revocable and informed consent. The Trading Member must retain evidence of the customer's consent. To constitute an informed consent, a customer must be told of the manner of delivery and retrieval of the electronic record and any costs that may be incurred.

Amended on 23 January 200923 January 2009, 19 May 201419 May 2014 and 29 December 201429 December 2014.