11.2.1

Past version: Effective from 29 Dec 2014 to 21 Apr 2019

A Trading Member shall not cause or permit:—

(1) where the Corporation is incorporated in Singapore, its base capital; or
(2) where the Corporation is incorporated outside Singapore, its net head office funds,

to fall below the base capital requirement.

Amended on 29 December 201429 December 2014.