Singapore legislation
Clause 261
Clause 261
Preliminary provisions
(1)
This Subdivision shall apply where a corporation or any other entity makes to the public an offer of debentures or an invitation to subscribe for or purchase debentures.
(2)
In this Subdivision —
Definition
“offer in respect of debentures” means an offer of debentures of a corporation or any other entity to the public in Singapore;
Definition
“invitation in respect of debentures” means an invitation to the public in Singapore to subscribe for or purchase debentures of a corporation or any other entity.
(3)
In this Subdivision, a corporation is related to another corporation if it is deemed to be related to that other corporation by virtue of section 6 of the Companies Act (Cap. 50).