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← Gas Act 2001

Gas Act 2001 s 63CA

s 63CA Regulations for carrying out sections 63B and 63C

63CA.—(1) The Authority may, with the approval of the Minister, make such regulations under section 96 as are necessary or expedient for carrying out the purposes of sections 63B and 63C.[43/2018] (2) Without limiting subsection (1), the regulations may prescribe —(a) the meaning of equity interest and the circumstances under which a person is treated as holding a percentage of the total equity interest in a designated gas licensee, a designated entity or a designated business trust; (b) the circumstances under which a person is treated as being in a position to control a percentage of the voting power in a designated gas licensee, a designated entity or a designated business trust; (c) the circumstances under which a person is treated as having acquired as a going concern a business mentioned in section 63B(4); (d) the circumstances under which a person is treated as being an associate for the purposes of sections 63A, 63E and 63G; and (e) the manner in which any notice or application under section 63B must be given or made, and the person or persons who must give the notice or make the application.[43/2018]

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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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