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2.7.1

A Chief Executive Officer will be deemed to be de-registered, and the Trading Member shall immediately notify SGX-ST, if the Chief Executive Officer:

(a) becomes of unsound mind;
(b) is made bankrupt, whether in or out of Singapore;
(c) is disqualified from holding office as a Chief Executive Officer or director under the Securities and Futures Act, the Companies Act or any other relevant law or regulation;
(d) ceases to be the Chief Executive Officer of the Trading Member, or gives or is given notice that he will cease to be the Chief Executive Officer of the Trading Member (whichever is the earlier);
(e) is subject to a compromise or scheme of arrangement with his creditors, whether in or out of Singapore;
(f) has execution in respect of a judgment debt returned unsatisfied in whole or in part; or
(g) is convicted of an offence involving fraud or dishonesty or is found by a court of law to have acted fraudulently or dishonestly, in each case whether in or out of Singapore.

Added on 3 June 20193 June 2019.