Section 32 Investments and Securities Act 2025

Section 32 of the Investments and Securities Act 2025 is about Approval of amendments to listing rules. It is under Part V (Registration and Regulation of Securities Exchanges, Financial Market Infrastructures and other Self Regulatory Organisations) of the Act. It provides as follows:

(1) An amendment shall not be made to the rules or the listing requirements of a securities exchange, whether by way of rescission, amendment, alteration, deletion, substitution or addition, unless the board of the securities exchange, has forwarded a written notice of the proposed amendment to the Commission for approval.

(2) Nothing in this section shall preclude the Commission, after consultation with the board of a securities exchange, from amending the rules or the listing requirements of the securities exchange, by a notice in writing specifying the amendment and the date the amendment shall come into effect.

(3) Any notice under this section may be served personally, electronically or by registered post.