Singapore legislation
Section 3
Section 3
Transfer date and designation of companies
(1)
The transfer date shall be such date as the Minister may, by notification in the Gazette, appoint1.1 1st December 1999 (G.N. No. S 524/99) — Transfer Date.
(2)
The Minister may, by notification in the Gazette, designate2—2 (a) transferee holding company — Singapore Exchange Limited.(b) special purpose company — SEL Holdings Pte Ltd (see G.N. No. S 525/99 — with effect from 1st December 1999).(a)a public company incorporated in Singapore to be the transferee holding company for the purposes of this Act; and
(b)
a company incorporated in Singapore to be the special purpose company for the purposes of this Act.