Singapore legislation
Section 42
Section 42
Register of securities
(1)
A person to whom this Part applies shall maintain a register in the prescribed form of the securities in which he has an interest.
(2)
Particulars of the securities in which a person to whom this Part applies has an interest and particulars of his interest in those securities shall be entered in the register within 7 days of the acquisition of the interest.
(3)
Where there is a change (not being a prescribed change) in the interest or interests of a person to whom this Part applies in securities he shall enter in the register full particulars of the change including the date of the change and the circumstances by reason of which that change has occurred.
(b)
The entry shall be made within 7 days after the date of the change.
(c)
For the purposes of this subsection where a person acquires or disposes of securities, there shall be deemed to be a change in the interest or interests of that person.