Singapore legislation
Clause 9
Clause 9
Interpretation of this Part
In this Part, unless the context otherwise requires —“affairs”, in relation to a licensee, includes —
the promotion, formation, membership, control, trading, dealings, business and property of the licensee;
the ownership of shares in, debentures of and interests made available by the licensee;
the ascertainment of the persons who are or have been financially interested in the success or failure or apparent success or failure of the licensee or are or have been able to control or materially to influence the policy of the licensee; and
the circumstances under which a person acquired or disposed of or became entitled to acquire or dispose of shares in, debentures of or interests made available by the licensee;“licensee” means a person to whom a bus service licence has been granted under this Part and includes any company which an inspector appointed under this Part thinks necessary to investigate the affairs of the company pursuant to section 15(1);“officer or agent”, in relation to a licensee, includes —
a director, banker, solicitor or auditor of the licensee;
a person who at any time —
has been a person referred to in paragraph (a); or
has been otherwise employed or appointed by the licensee;
a person who —
has in his possession any property of the licensee;
is indebted to the licensee; or
is capable of giving information concerning the promotion, formation, trading, dealings, affairs or property of the licensee; and
where there are reasonable grounds for suspecting or believing that a person is a person referred to in paragraph (c), that person.
Definition
“affairs”, in relation to a licensee, includes —
the promotion, formation, membership, control, trading, dealings, business and property of the licensee;
the ownership of shares in, debentures of and interests made available by the licensee;
the ascertainment of the persons who are or have been financially interested in the success or failure or apparent success or failure of the licensee or are or have been able to control or materially to influence the policy of the licensee; and
the circumstances under which a person acquired or disposed of or became entitled to acquire or dispose of shares in, debentures of or interests made available by the licensee;
Definition
“licensee” means a person to whom a bus service licence has been granted under this Part and includes any company which an inspector appointed under this Part thinks necessary to investigate the affairs of the company pursuant to section 15(1);
Definition
“officer or agent”, in relation to a licensee, includes —
a director, banker, solicitor or auditor of the licensee;
a person who at any time —
has been a person referred to in paragraph (a); or
has been otherwise employed or appointed by the licensee;
a person who —
has in his possession any property of the licensee;
is indebted to the licensee; or
is capable of giving information concerning the promotion, formation, trading, dealings, affairs or property of the licensee; and
where there are reasonable grounds for suspecting or believing that a person is a person referred to in paragraph (c), that person.