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← Casino Control Act 2006

Casino Control Act 2006 s 64

s 64 Application and interpretation of this Division

64.—(1) This Division applies to, and in relation to, all individuals whether resident in Singapore or not and whether citizens of Singapore or not, and to all bodies corporate or unincorporate, whether incorporated or carrying on business in Singapore or not. (2) In this Division, unless the context otherwise requires —“arrangement” includes any formal or informal scheme, arrangement or understanding, and any trust whether express or implied; [Deleted by Act 29 of 2024 wef 30/10/2024] “relevant date”, in relation to a casino operator, means the date on which a casino licence granted to that casino operator first commences, whether before, on or after 31 January 2013;[Act 29 of 2024 wef 30/10/2024] “substantial shareholder” has the meaning given by section 81 of the Companies Act 1967.[36/2012] (3) In this Division, a person, A, is an associate of another person, B, if —(a) A is a spouse, a parent, remoter lineal ancestor or step‑parent, a son, daughter, remoter issue, stepson or stepdaughter or a brother or sister of B; (b) A is a corporation the directors of which are accustomed or under an obligation, whether formal or informal, to act in accordance with the directions, instructions or wishes of B, or where B is a corporation, of the directors of B; (c) A is a person who is accustomed or under an obligation, whether formal or informal, to act in accordance with the directions, instructions or wishes of B;[Act 29 of 2024 wef 30/10/2024] (d) A is a subsidiary of B;[Act 29 of 2024 wef 30/10/2024] (e) A is a corporation in which B, alone or together with other associates of B as described in paragraph (b), (c) or (d), is in a position to control not less than 20% of the votes in A; or[Act 29 of 2024 wef 30/10/2024] (f) A is a person with whom B has an agreement or arrangement, whether oral or in writing and whether express or implied, to act together with respect to the acquisition, holding or disposal of shares or other interests in, or with respect to the exercise of their votes in relation to, the casino operator.[Act 29 of 2024 wef 30/10/2024] (g) [Deleted by Act 29 of 2024 wef 30/10/2024] (h) [Deleted by Act 29 of 2024 wef 30/10/2024] (i) [Deleted by Act 29 of 2024 wef 30/10/2024][36/2012] (4) For the purposes of this Division, a person has an interest in any share if —(a) the person is deemed to have an interest in that share under section 7 of the Companies Act 1967; or (b) the person otherwise has a legal or an equitable interest in that share except for such interest as is to be disregarded under section 7 of the Companies Act 1967.

Read this section in the full act → · Open Division 2 →

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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