Singapore legislation

Section 2

of Economic Development Board Act

Section 2

Interpretation

Amended by11/899/9711/2008

In this Act, unless the context otherwise requires —“Board” means the Economic Development Board established under section 3;“chief executive officer” means the chief executive officer of the Board and includes any temporary chief executive officer of the Board;“enterprise” means any entity incorporated, formed or established in Singapore or elsewhere, whether or not for profit, and howsoever owned or controlled, and includes —

(a)

a corporation, a sole proprietorship, a partnership, a joint venture, a trust and an association; and

(b)

a branch of an enterprise;“member” means a member of the Board;“underwrite” means to contract, with or without conditions, to subscribe for stocks, shares, bonds or debentures of an enterprise with a view to the resale of the whole or part of it.

Definition

“Board” means the Economic Development Board established under section 3;

Definition

“chief executive officer” means the chief executive officer of the Board and includes any temporary chief executive officer of the Board;

Definition

“enterprise” means any entity incorporated, formed or established in Singapore or elsewhere, whether or not for profit, and howsoever owned or controlled, and includes —

(a)

a corporation, a sole proprietorship, a partnership, a joint venture, a trust and an association; and

(b)

a branch of an enterprise;

Definition

“member” means a member of the Board;

Definition

“underwrite” means to contract, with or without conditions, to subscribe for stocks, shares, bonds or debentures of an enterprise with a view to the resale of the whole or part of it.

Amended by11/899/9711/2008