s 137K Trustee‑manager to keep register of substantial unitholders
137K.—(1) The trustee‑manager of a registered business trust or recognised business trust must keep a register in which it must immediately enter —(a) the names of persons from whom it has received a notice under section 135 as applied by section 137J(1); and (b) against each name so entered, the information given in the notice and, where it receives a notice under section 136 or 137 as applied by section 137J(1), the information given in that notice.[2/2009] (2) The trustee‑manager must keep the register at its registered office or, if the trustee‑manager does not have a registered office, at its principal place of business in Singapore, and the register must be open for inspection by a unitholder of the business trust without charge and by any other person on payment for each inspection of a sum of $2 or such lesser sum as the trustee‑manager requires.[2/2009] (3) A person may request the trustee‑manager to provide the person with a copy of the register or any part of the register on payment in advance of a sum of $1 or such lesser sum as the trustee‑manager requires for every page or part thereof required to be copied, and the trustee‑manager must send the copy to that person within 14 days, or such longer period as the Authority may allow in any particular case, after the day on which the trustee‑manager received the request.[2/2009] (4) The Authority may at any time in writing require the trustee‑manager to provide it with a copy of the register or any part of the register and the trustee‑manager must send the copy to the Authority within 7 days after the day on which the trustee‑manager received the requirement.[2/2009] (5) Any trustee‑manager which fails to comply with subsection (1), (2), (3) or (4) shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $50,000 and, in the case of a continuing offence, to a further fine not exceeding $5,000 for every day or part of a day during which the offence continues after conviction.[2/2009]