The Appeals Committee comprises persons appointed by the Board of Directors of SGX RegCo and approved by the Authority provided that:—

(a) no Director, Officer or employee of SGX or any of its related companies may be appointed;
(b) a majority are not directors, officers or employees of the members of SGX or its subsidiaries; and
(c) a majority are not substantial shareholders of SGX or directors, officers or employees of any substantial shareholder of SGX.

Amended on 30 November 200530 November 2005. and 15 September 201715 September 2017