Singapore legislation
Section 137S
Section 137S
Application and interpretation of this Division
(1)
This section has effect for the purposes of this Division but does not affect the operation of any other provision of this Act.
(2)
In this Division —
Definition
“real estate investment trust” means a collective investment scheme that is a trust, that invests primarily in real estate and real estate‑related assets specified by the Authority in the Code on Collective Investment Schemes, and any or all the units in which are listed, by way of a primary listing, for quotation on the official list of an approved exchange;
Definition
“trustee” means —
in relation to a real estate investment trust authorised under section 286, the trustee approved under section 289 for the trust; and
in relation to any other real estate investment trust, an entity equivalent to a trustee referred to in paragraph (a).
(3)
To avoid doubt, section 4 applies for the purpose of determining whether a person has an interest in securities, securities‑based derivatives contracts or units in a collective investment scheme under this Division.
(4)
Section 130(6) and (7) applies for the purposes of —
sections 135(2)(b), 136(1) and 137(1) as applied by section 137U(1); and
sections 137W(6), 137Y(2)(b)(i), 137ZA(1) and 137ZC(1),as they apply for the purposes of sections 133(3)(b)(i), 135(2)(b), 136(1), 137(1) and 137E(6).