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Singapore legislation

Regulation 15

of Banking Regulations

Regulation 15

Definitions of this Part

Amended byS 511/2019 wef 01/08/2019S 511/2019 wef 01/08/2019

In this Part —“holding company” has the same meaning as in section 5 of the Companies Act (Cap. 50);“major stake” has the same meaning as in section 32(7) of the Act;[Deleted by S 511/2019 wef 01/08/2019]“qualified major stake entity”, in relation to a bank, means an affiliated entity of the bank in which the bank holds a major stake.[Deleted by S 511/2019 wef 01/08/2019]

Definition

“holding company” has the same meaning as in section 5 of the Companies Act (Cap. 50);

Definition

“major stake” has the same meaning as in section 32(7) of the Act;

Amended byS 511/2019 wef 01/08/2019

Definition

“qualified major stake entity”, in relation to a bank, means an affiliated entity of the bank in which the bank holds a major stake.

Amended byS 511/2019 wef 01/08/2019