SGX Rulebooks
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7.9.1 Composition of Appeals Committee

The Appeals Committee shall comprise persons appointed by the SGX RegCo Board and approved by MAS provided that:

(a) 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:
(i) Singapore Exchange Limited; or
(ii) any of Singapore Exchange Limited's Related Corporations;
(b) a majority of the Appeals Committee shall not be directors, officers or employees of any member of Singapore Exchange Limited or Singapore Exchange Limited's subsidiaries; and
(c) a majority of the Appeals Committee shall not be substantial shareholders of Singapore Exchange Limited or directors, officers or employees of any substantial shareholder of Singapore Exchange Limited.

Amended on 5 December 20065 December 2006, 15 September 201715 September 2017 and 3 June 20193 June 2019.

7.9.2 Chairman and Deputy Chairman of the Appeals Committee

The SGX RegCo Board shall appoint the chairman and deputy chairman of the Appeals Committee. In the absence of the chairman, the deputy chairman will have all the powers of the chairman.

Amended on 5 December 20065 December 2006, 15 September 201715 September 2017 and 3 June 20193 June 2019.

7.9.5 Powers of the Appeals Committee

The powers of the Appeals Committee include:

(a) all the powers of the Disciplinary Committee;
(b) varying the sanctions imposed by the Disciplinary Committee, and overturning, varying or upholding any decision or specific findings of the Disciplinary Committee;
(c) hearing and deciding appeals in accordance with this Rules; and
(d) dealing with such other matters as the SGX RegCo Board refers to it (either generally or in a particular case).

Amended on 5 December 20065 December 2006, 15 September 201715 September 2017 and 3 June 20193 June 2019.

7.9.5A

A failure to comply with any Sanction imposed by the Appeals Committee constitutes a breach of these Rules.

Added on 3 June 20193 June 2019.