Singapore legislation
Clause 52
Clause 52
Interpretation
In this Part —“prescribed day” means —
in relation to a stockbroker who was carrying on business as a stockbroker at the date of the coming into operation of section 36 and is so carrying on business on the 1st day of April next succeeding that date — that 1st day of April; and
in relation to a stockbroker who commences to carry on business as a stockbroker after the date of the coming into operation of section 36 and is so carrying on business on the 1st day of April next succeeding the day on which he commences so to carry on business — that 1st day of April;“relevant period” means —
in relation to a stockbroker referred to in paragraph (a) of the definition of “prescribed day” in this section — the period of twelve months ending on the 31st day of March next succeeding the date of the coming into operation of section 36;
in relation to a stockbroker referred to in paragraph (b) of that definition — the period of twelve months ending on the 31st day of March next succeeding the day on which he commences to carry on business as a stockbroker;“quarter day” means the 31st March, the 30th June, the 30th September and the 31st December.
Definition
“prescribed day” means —
in relation to a stockbroker who was carrying on business as a stockbroker at the date of the coming into operation of section 36 and is so carrying on business on the 1st day of April next succeeding that date — that 1st day of April; and
in relation to a stockbroker who commences to carry on business as a stockbroker after the date of the coming into operation of section 36 and is so carrying on business on the 1st day of April next succeeding the day on which he commences so to carry on business — that 1st day of April;
Definition
“relevant period” means —
in relation to a stockbroker referred to in paragraph (a) of the definition of “prescribed day” in this section — the period of twelve months ending on the 31st day of March next succeeding the date of the coming into operation of section 36;
in relation to a stockbroker referred to in paragraph (b) of that definition — the period of twelve months ending on the 31st day of March next succeeding the day on which he commences to carry on business as a stockbroker;
Definition
“quarter day” means the 31st March, the 30th June, the 30th September and the 31st December.