s 279 Offer of debentures made by Government or international financial institutions
279. Subdivisions (2) and (3) of this Division do not apply to an offer of debentures, or units of debentures, made by or guaranteed by —(a)
the Government; or
(b)
an international financial institution in which Singapore holds membership of any class or description, whether or not it holds any share in the share capital of that institution.
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