s 33A Interpretation of this Part
33A.—(1) In this Part —“unit” has the meaning given by section 2 of the Business Trusts Act 2004; “unitholder” means a person who holds units in a business trust; “unregistered company” has the meaning given by section 245(1) of the Insolvency, Restructuring and Dissolution Act 2018. (2) In this Part —(a) a reference to the affairs, business, undertaking, operations or activities of a designated operating entity that is a business trust is to the affairs, business, undertaking, operations or activities (as the case may be) carried on by the trustee-manager of the business trust on behalf of the business trust; and (b) a reference to the obligations of a designated operating entity that is a business trust is to the obligations undertaken by the trustee-manager of the business trust on behalf of the business trust. [Act 20 of 2024 wef 01/04/2025] —(1) In this Part —“unit” has the meaning given by section 2 of the Business Trusts Act 2004; “unitholder” means a person who holds units in a business trust; “unregistered company” has the meaning given by section 245(1) of the Insolvency, Restructuring and Dissolution Act 2018. (2) In this Part —(a) a reference to the affairs, business, undertaking, operations or activities of a designated operating entity that is a business trust is to the affairs, business, undertaking, operations or activities (as the case may be) carried on by the trustee-manager of the business trust on behalf of the business trust; and (b) a reference to the obligations of a designated operating entity that is a business trust is to the obligations undertaken by the trustee-manager of the business trust on behalf of the business trust.