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← Securities and Futures Act 2001

Securities and Futures Act 2001 s 295D

s 295D Interpretation of this Subdivision

295D. In this Subdivision, unless the context otherwise requires —“approved trustee” means a trustee for collective investment schemes which are authorised under section 286 and constituted as unit trusts; “business” includes affairs, property, right, obligation and liability; “Court” means the General Division of the High Court; “debenture” has the meaning given by section 4(1) of the Companies Act 1967; “property” includes property, right and power of every description; “Registrar of Companies” means the Registrar of Companies appointed under the Companies Act 1967 and includes any Deputy or Assistant Registrar of Companies appointed under that Act; “transferee” means an approved trustee, or a public company which has applied or will be applying for the Authority’s approval under section 289(1) to act as an approved trustee, to which the whole or any part of a transferor’s business is, is to be or is proposed to be transferred under this Subdivision; “transferor” means an approved trustee the whole or any part of the business of which is, is to be, or is proposed to be transferred under this Subdivision.[10/2013; 40/2019]

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

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