Bus Services Industry Act 2015 · 2020 Revised Edition · Part 5A · Special Administration Orders and Other Orders for Designated Operating Entities
33A. Interpretation of this Part
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In this Part —
“unit” has the meaning given by section 2 of the Business Trusts Act 2004;
unit
“unit” has the meaning given by section 2 of the Business Trusts Act 2004;
“unitholder” means a person who holds units in a business trust;
“unregistered company” has the meaning given by section 245(1) of the Insolvency, Restructuring and Dissolution Act 2018.
unregistered company
“unregistered company” has the meaning given by section 245(1) of the Insolvency, Restructuring and Dissolution Act 2018;
In this Part —
a reference to the affairs, business, undertaking, operations or activities of a designated operating entity that is a business trust is to the affairs, business, undertaking, operations or activities (as the case may be) carried on by the trustee-manager of the business trust on behalf of the business trust; and
a reference to the obligations of a designated operating entity that is a business trust is to the obligations undertaken by the trustee-manager of the business trust on behalf of the business trust.