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Commodity Trading Act 1992
Learn about the Commodity Trading Act 1992, its scope and related regulations.
The Commodity Trading Act 1992 (CTA) regulates business activities in “spot commodity trading”, which means the purchase or sale of a commodity at its current market or spot price, where it is intended that such transaction results in the physical delivery of the commodity. Any person conducting business activities involving “spot commodity trading” is subject to licensing under section 13A(1) of the CTA unless specifically exempted by section 14A(1) of the CTA to the extent specified in the Schedule to the CTA.
Regulatory Body
The Enterprise Singapore Board is the regulatory body responsible for administering the CTA.
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