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← Business Trusts Act 2004

Business Trusts Act 2004 s 64

s 64 Resolutions requiring special notice

64.—(1) Subject to subsection (2), where by this Act special notice is required of a resolution, the resolution is not effective unless —(a) notice of the intention to move it has been given to the trustee‑manager of a registered business trust at least 28 days before the meeting at which it is moved; and (b) the trustee‑manager of a registered business trust has given the unitholders of the registered business trust notice of any such resolution at the same time and in the same manner as it gives notice of the meeting or, if that is not practicable, has given them notice of such resolution, in any manner allowed by the trust deed of the registered business trust, at least 14 days before the meeting. (2) If a meeting is called for a date 28 days or less after notice of the intention to move a resolution mentioned in subsection (1) has been given to the trustee‑manager of the registered business trust, such notice is, although not given to the trustee‑manager within the time required by that subsection, deemed to be properly given.

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Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. Read the official text ↗

Source: Singapore Statutes Online (Attorney-General's Chambers), © Government of Singapore.

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