Singapore legislation

Section 34A

of Finance Companies Act 1967

Section 34A

Interpretation of sections 34A to 39

Amended by10/2013

In this section and sections 35 to 39, unless the context otherwise requires —“business” includes affairs and property;“office holder”, in relation to a finance company, means any person acting as the liquidator, the provisional liquidator, the receiver or the receiver and manager of the finance company, or acting in an equivalent capacity in relation to the finance company;“relevant business” means any business of a finance company —

(a)

which the Authority has assumed control of under section 35; or

(b)

in relation to which a statutory adviser or a statutory manager has been appointed under section 35;“statutory adviser” means a statutory adviser appointed under section 35;“statutory manager” means a statutory manager appointed under section 35.

Definition

“business” includes affairs and property;

Definition

“office holder”, in relation to a finance company, means any person acting as the liquidator, the provisional liquidator, the receiver or the receiver and manager of the finance company, or acting in an equivalent capacity in relation to the finance company;

Definition

“relevant business” means any business of a finance company —

(a)

which the Authority has assumed control of under section 35; or

(b)

in relation to which a statutory adviser or a statutory manager has been appointed under section 35;

Definition

“statutory adviser” means a statutory adviser appointed under section 35;

Definition

“statutory manager” means a statutory manager appointed under section 35.

Amended by10/2013
Section 34A — Finance Companies Act 1967 | laws.sg