30
CAP. 250]
Commodities Trading
[1989 Ed.
(b) where the transaction was entered into as principal, retain the contract note for himself.
(2) A contract note made out by a dealer under subsection (1) shall include where applicable (Amended 61 of 1985 s. 12)
(a) the name of the client under subsection (1)(a) to whom the dealer is required to give the contract note;
(b) the name or style under which the dealer carries on his business as a dealer and the address of the principal place at which he so carries on business;
(c) where the dealer is acting as principal, a statement that he is so acting;
(d) the name of the commodity exchange on which the contract has been executed;
(e) if the contract has been executed by an agent, the name of the agent;
(f) the date of execution of the contract and the date upon which the contract note is made out;
(g) whether the contract is a new contract or a contract for settlement;
(h) whether the contract is by way of—
(i) purchase;
(ii) sale; or
(iii) exchange;
(i) the name of the commodity being bought, sold or exchanged;
(j) the trading unit of the commodity;
(k) except in the case of a contract by way of exchange, the price per trading unit;
(l) the number of trading units;
(m) the date on which the futures contract is to be performed; (Replaced 61 of 1985 s. 12)
(n) the rate or amount of commission payable in respect of the contract.
(3) Any dealer who contravenes this section shall be guilty of an offence and shall be liable on conviction to a fine of $10,000 and to imprisonment for 6 months.
(Added 54 of 1980 s. 3)
45B. Dealers to provide certain information, etc. to client
(1) Subject to subsection (2), every dealer shall, on being requested to do so by a client-
(a) provide the client with a copy of any contract note relating to the dealing, and a copy of the client's account with the dealer; and