4.9.1

A Trading Member's access to organised markets established or operated by SGX-ST ceases if:—

(1) a resolution is passed by its shareholders, or a court order is made, to wind it up;
(2) an arrangement or composition is entered into with its creditors under any law relating to bankruptcy or insolvency;
(3) it is not qualified by a Clearing Member or its qualification by a Clearing Member has been suspended;
(4) it is suspended;
(5) it ceases to carry on business pursuant to Rule 4.6.20;
(6) it is declared a defaulter pursuant to Chapter 14; or
(7) licence(s) to conduct the relevant regulated activities from the Relevant Regulatory Authority lapses or is revoked, or in the case where it is exempted from holding a licence, the Relevant Regulatory Authority withdraws the exemption.

Amended on 29 November 201029 November 2010, 11 January 201111 January 2011, 19 May 201419 May 2014 and 8 October 20188 October 2018.