Clause 56

by deleting the Schedule heading and substituting the following Schedule heading:“DEFINITIONS IN SECTIONS 27, 28, 29, 38 AND 39A”;

by deleting the words “any company” wherever they appear in the definition of “affiliate” in paragraph 1 and substituting in each case the words “any entity”;

by inserting, immediately after the definition of “associate” in paragraph 1, the following definition:“ “child” includes a stepchild and a child who has been de facto adopted by the person in question, whether or not such adoption has been registered in accordance with the provisions of any written law;”;

by deleting the words “group of companies” in the definition of “financial group” in paragraph 1 and substituting the words “group of entities”;

by deleting the words “every company” in paragraphs (a) and (b) of the definition of “financial group” in paragraph 1 and substituting in each case the words “every entity”;

by deleting the full-stop at the end of the definition of “substantial shareholder group” in paragraph 1 and substituting a semi‑colon, and by inserting immediately thereafter the following definition:“ “transaction” means any type of transaction including (but not limited to) any contract, agreement and arrangement and any transaction forming part of a contract, agreement or arrangement, and includes a write-off of a debt, loan or any other similar arrangement.”;

by deleting the words “section 38” in paragraph 6 and substituting the words “sections 38 and 39A”; and

by deleting paragraph 7 and substituting the following paragraph:“7.In this Schedule, unless the context otherwise requires —

a reference to an entity is a reference to any body corporate or unincorporate, whether incorporated, formed or established in or outside Singapore; and

a reference to an entity in which another entity acquires or holds, directly or indirectly, a major stake is a reference to an entity in which the other entity has a major stake as defined in section 32(7).”.