Business Trusts Act 2004 · 2020 Revised Edition · Part 9 · Management and Administration
68. Inspection of minute books
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The trustee‑manager of a registered business trust must —
trustee‑manager
“trustee‑manager”, in relation to a registered business trust, includes a replacement trustee‑manager and temporary trustee‑manager;
keep the books mentioned in section 67(1) and (3A) at the registered office or the principal place of business in Singapore of the trustee‑manager; and
make the books available for inspection by any unitholder of the registered business trust without charge.
The trustee‑manager of a registered business trust must, within 14 days after any unitholder of the registered business trust has made a request in writing for a copy of any minutes specified in section 67(1) or (3A), provide that unitholder with a copy of the minutes without charge.
registered business trust
“registered business trust” means a business trust that is registered by the Authority under section 4(1);
Any trustee‑manager of a registered business trust which contravenes subsection (1) or (2) shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $25,000 and, in the case of a continuing offence, to a further fine not exceeding $2,500 for every day or part of a day during which the offence continues after conviction.