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laws.sgby aturio
In forceAmended2020 Revised Edition
Contents

Part 9 · Management and Administration

69. Register of unitholders

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Amended

Last amended by an amending law of 2009.

(1)

The trustee‑manager of a registered business trust must —

(a)

keep and maintain, or cause to be kept and maintained, a register of the unitholders of the registered business trust; and

(b)

make that register available for inspection, without charge, by any person during the business hours of the trustee‑manager.

(2)

The register mentioned in subsection (1) must contain —

(a)

the name and address of each unitholder of the registered business trust;

(b)

the extent of holding by each unitholder of units in the registered business trust;

(c)

the date on which the name of each person was entered in the register as a unitholder; and

(d)

the date on which any person ceased to be a unitholder.

(3)

Any trustee‑manager of a registered business trust which contravenes subsection (1) 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.

(4)

The trustee‑manager of a registered business trust is not by reason of anything done under Subdivision (1) of Division 2 of Part 7 of the Securities and Futures Act 2001 —

(a)

to be taken for any purpose to have notice of; or

(b)

to be put upon inquiry as to,a right of a person to or in relation to a unit in the registered business trust for the purposes of this section.

Report

Read on from s 70

Part 10

Accounts, Audit and Disclosure

Read on from Part 10

Part 11

Appeals

Read on from Part 11

Part 12

Miscellaneous

Read on from Part 12

Schedules