Singapore legislation
Clause 2
Clause 2
Amendment of section 2
Section 2 of the Economic Development Board Act (referred to in this Act as the principal Act) is amended —
by deleting the definitions of “business enterprise” and “goods, materials or things” and substituting the following definitions:“ “chief executive officer” means the chief executive officer of the Board and includes any temporary chief executive officer of the Board;“enterprise” means any entity incorporated, formed or established in Singapore or elsewhere, whether or not for profit, and howsoever owned or controlled, and includes —
a corporation, a sole proprietorship, a partnership, a joint venture, a trust and an association; and
a branch of an enterprise;“member” means a member of the Board;”; and
by deleting the words “a business enterprise” in the definition of “underwrite” and substituting the words “an enterprise”.