The Appeals Committee shall comprise persons appointed by the SGX RegCo Board and approved by the Authority provided that:—
(1) the Appeals Committee shall not have a member who is, or who within three years of the proposed appointment date was, a Director, Officer or employee of:
(a) SGX; or
(b) any of SGX's related corporations;
(2) a majority of the Appeals Committee shall not be directors, officers or employees of any member of SGX or SGX's subsidiaries; and
(3) a majority of the Appeals Committee shall not be substantial shareholders of SGX or directors, officers or employees of any substantial shareholder of SGX.
Amended on 30 November 200530 November 2005, 15 September 201715 September 2017 and 3 June 20193 June 2019.