Clause 5

In this Division —“account holder”, “book‑entry securities”, “depositor”, “Depository”, “Depository Register” and “depository rules” have the respective meanings given by section 81SF of the Securities and Futures Act 2001;“Board’s designated shares account” means a designated shares account created by the Depository on the implementation date for designated shares that vest or have vested in the Board under section 26(1);“designated shares account” means an account with the Depository kept exclusively for book‑entry securities in respect of designated shares that are subject to the relevant investment scheme;“direct account” means an account maintained by a person directly with the Depository (other than a designated shares account) in which securities are held for the person’s own account;“implementation date” means the implementation date prescribed under subsection (3)(a);“investment scheme account” means an account for the making, purchase, acquisition or holding of any investments under a CPF investment scheme, other than an account with the Depository;“permitted information” means information prescribed under subsection (3)(d) to be “permitted information” for the purposes of section 26F(1), (2) and (3);“relevant investment scheme” means the CPF investment scheme relating to designated shares.(2) To avoid doubt —

the references to designated shares —

in subsections (1) and (3)(d) and sections 26C to 26F, include references to vested shares; and (ii)in subsections (1) and (3)(d) and sections 26E and 26F, also include references to designated shares which have been withdrawn from the relevant investment scheme; and (b)the definition of “designated shareholder” in section 2(1) continues to apply to a person even after the designated shares purchased by that person have become vested shares or have been withdrawn from the relevant investment scheme.(3) The Minister may, by order in the Gazette, prescribe —

the implementation date mentioned in section 26C;

the transfer period mentioned in sections 26C(3)(b)(ii) and 26D(1), which must start the day after the implementation date;

the publicly accessible website mentioned in section 26E(3)(c); and

any information in the possession of the Board relating to any designated shares or the designated shareholder of any designated shares to be “permitted information” for the purposes of section 26F(1), (2) and (3).”.