SGX Rulebooks
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(1) A Trading Member may allow customers to open a joint customer account carried on its books if:—
(a) a joint securities account is opened with CDP;
(b) each joint customer account holder is at least 18 years old; and
(c) no joint customer account holder is an undischarged bankrupt.
(2) A joint customer account may be operated by not more than 2 individual customers. However, if it is an estate account, it may be operated by all personal representatives acting on behalf of the estate of the deceased.
(3) A Trading Member must maintain the following information:—
(a) particulars of each joint customer account holder;
(b) the names of persons authorised to give trading orders and settlement instructions and receive scrip from the Trading Member;
(c) the names of persons to whom payments by the Trading Member are to be made; and
(d) details of any customer accounts carried on the books of the Trading Member held in an individual capacity by a joint customer account holder.
(4) A Trading Member must require each joint customer account holder to specify whether the joint customer account holder is jointly, severally, or jointly and severally liable for all debts incurred in a joint customer account.

Refer to Practice Note 12.3.1, 12.3.4.

Amended on 14 May 200914 May 2009 and 1 July 20161 July 2016.