Singapore legislation

Section 292C

of Securities and Futures Act 2001

Section 292C

Interpretation of sections 292C to 292H

Amended by10/2013

In this section and sections 292D, 292E, 292F, 292G and 292H, unless the context otherwise requires —“business” includes affairs and property;“office holder”, in relation to an approved trustee, means any person acting as the liquidator, the provisional liquidator, the receiver or the receiver and manager of the approved trustee, or acting in an equivalent capacity in relation to the approved trustee;“relevant business” means any business of an approved trustee —

(a)

which the Authority has assumed control of under section 292D; or

(b)

in relation to which a statutory adviser or a statutory manager has been appointed under section 292D;“statutory adviser” means a statutory adviser appointed under section 292D;“statutory manager” means a statutory manager appointed under section 292D.

Definition

“business” includes affairs and property;

Definition

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

Definition

“relevant business” means any business of an approved trustee —

(a)

which the Authority has assumed control of under section 292D; or

(b)

in relation to which a statutory adviser or a statutory manager has been appointed under section 292D;

Definition

“statutory adviser” means a statutory adviser appointed under section 292D;

Definition

“statutory manager” means a statutory manager appointed under section 292D.

Amended by10/2013