Singapore legislation
Clause 3
Clause 3
Meaning of “business”, etc.
(1)
In this Act, “business” includes any trade, profession or vocation.
(2)
Without prejudice to the generality of anything else in this Act, the following are deemed to be the carrying on of a business:
the provision by a club, association, society or organisation (for a subscription or other consideration) of the facilities or advantages available to its members; and
the admission, for a consideration, of persons to any premises.
(3)
Where a person, in the course or furtherance of a trade, profession or vocation, accepts any office, services supplied by him as the holder of that office are treated as supplied in the course or furtherance of the trade, profession or vocation.
(4)
Anything done in connection with the termination or intended termination of a business is treated as being done in the course or furtherance of that business.
(5)
Subject to any order made under section 10(3), the disposition of a business as a going concern, or of its assets or liabilities (whether or not in connection with its re-organisation or winding up), is a supply made in the course or furtherance of the business.