Clause 20

by deleting subsections (1) and (2) and substituting the following subsections:“(1) The trustee‑manager of a registered business trust must call a general meeting of the unitholders of the registered business trust known as the “annual general meeting” after the end of each financial year within —

4 months, in the case of a listed registered business trust; or

6 months, in the case of any other registered business trust.(2) The Authority may extend the period mentioned in subsection (1)(a) or (b) —

on an application by the trustee‑manager of a registered business trust, if the Authority thinks there are special reasons to do so; or

in respect of any prescribed class of registered business trusts.”; and

by inserting, immediately after subsection (4), the following subsection:“(5) The Authority may, by order in the Gazette, specify any other period in substitution of the period mentioned in subsection (1)(a) or (b), or both.”.