Whole Section

  • 12.7 Fine

    • 12.7.1

      A fine must be paid within 14 days from the date of notice, or such longer time as the chairman of the Disciplinary Committee or the Appeals Committee (as applicable), or his nominee, permits.

      Added on 3 June 20193 June 2019.

    • 12.7.2

      If a fine remains unpaid seven days after the deadline, the Trading Member's access to organised markets established or operated by SGX-ST, or the registration of the Chief Executive Officer, the Trading Representative, the Designated Market-Maker or the market-making representative, is suspended (as relevant). The suspension shall end upon full payment of the fine.

      Added on 3 June 20193 June 2019.

    • 12.7.3

      Where a fine has been imposed against a Registered Person and the Registered Person does not make payment within the specified period, the outstanding sum shall be a debt payable to SGX-ST. SGX-ST may commence legal action to recover that debt, subject to any subsequent payments made by the Registered Person. SGX-ST shall be entitled to claim reasonable interest, a month after the payment is due, based on the sum outstanding.

      Added on 3 June 20193 June 2019.