Singapore legislation
Section 65
Section 65
Interpretation of this Part
In this Part, unless the context otherwise requires —“asset”, in relation to a transferor, means property of any kind (whether tangible or intangible, whether arising from, accruing under, created or evidenced by or the subject of, an instrument or otherwise and whether actual or contingent) of the transferor on the eve of the transfer date and includes, without limitation, any —
legal or equitable interest in real or personal property, whether situated in Singapore or elsewhere;
chose in action;
money or securities;
plant and equipment, whether situated in Singapore or elsewhere;
intellectual property;
infrastructure, whether situated in Singapore or elsewhere; (g)records; and
right;“Council for Private Education” or “CPE” means the Council for Private Education established under section 3 of the Private Education Act 2009 as in force before 4 October 2016;“liability”, in relation to a transferor, means any liability, duty or obligation (whether actual or contingent, liquidated or unliquidated, and whether owed alone or jointly or jointly and severally with any other person) of the transferor on the eve of the transfer date;“private education function” means any function of the Council for Private Education under the Private Education Act 2009 as in force before 4 October 2016;“records”, in relation to a transferor, means registers, papers, documents, minutes, receipts, books of account and other record, however compiled, recorded or stored, of that transferor existing on the eve of the transfer date;“right”, in relation to a transferor, means any right, power, privilege or immunity of the transferor on the eve of the transfer date;“transferor” means —
the Council for Private Education; or
the Singapore Workforce Development Agency;“transferring SWDA employee” means an employee of the Singapore Workforce Development Agency who, on the eve of the transfer date, is in any of the following departments of that Agency:
the Institute of Adult Learning;
the Skills Development Group;
the Training Partners Group;
the Business Technology Group;
the Corporate Group (SkillsFuture);
the Integrated Business Services Division;
the Shared Services Management Division.
Definition
“asset”, in relation to a transferor, means property of any kind (whether tangible or intangible, whether arising from, accruing under, created or evidenced by or the subject of, an instrument or otherwise and whether actual or contingent) of the transferor on the eve of the transfer date and includes, without limitation, any —
legal or equitable interest in real or personal property, whether situated in Singapore or elsewhere;
chose in action;
money or securities;
plant and equipment, whether situated in Singapore or elsewhere;
intellectual property;
infrastructure, whether situated in Singapore or elsewhere; (g)records; and
right;
Definition
“Council for Private Education” or “CPE” means the Council for Private Education established under section 3 of the Private Education Act 2009 as in force before 4 October 2016;
Definition
“liability”, in relation to a transferor, means any liability, duty or obligation (whether actual or contingent, liquidated or unliquidated, and whether owed alone or jointly or jointly and severally with any other person) of the transferor on the eve of the transfer date;
Definition
“private education function” means any function of the Council for Private Education under the Private Education Act 2009 as in force before 4 October 2016;
Definition
“records”, in relation to a transferor, means registers, papers, documents, minutes, receipts, books of account and other record, however compiled, recorded or stored, of that transferor existing on the eve of the transfer date;
Definition
“right”, in relation to a transferor, means any right, power, privilege or immunity of the transferor on the eve of the transfer date;
Definition
“transferor” means —
the Council for Private Education; or
the Singapore Workforce Development Agency;
Definition
“transferring SWDA employee” means an employee of the Singapore Workforce Development Agency who, on the eve of the transfer date, is in any of the following departments of that Agency:
the Institute of Adult Learning;
the Skills Development Group;
the Training Partners Group;
the Business Technology Group;
the Corporate Group (SkillsFuture);
the Integrated Business Services Division;
the Shared Services Management Division.