Civil Aviation Authority of Singapore Act 2009 · 2020 Revised Edition · Part 7 · Special Administration Orders and Schemes of Transfers, Etc., for Airport Licensees, Designated Business Trusts and Designated Operating Entities
72. Interpretation of this Part
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In this Part —
“business trust”, “trustee-manager”, “unit” and “unitholder” have the meanings given by section 2 of the Business Trusts Act 2004;
business trust
“business trust” has the meaning given by section 2 of the Business Trusts Act 2004;
“Class 1 designated operating entity” and “Class 2 designated operating entity” have the meanings given by section 56A(1);
Class 1 designated operating entity
“Class 1 designated operating entity” means a designated operating entity that is also an airport licensee or a designated business trust;
“corporation” has the meaning given by section 4(1) of the Companies Act 1967;
“designated business trust” has the meaning given by section 56A(1);
designated business trust
“designated business trust” means a business trust that is established wholly or partly in respect of an airport (or any part of an airport) and which has been declared by the Authority, by notification in the Gazette, to be a designated business trust for the purposes of this Part;
“effective designation date”, in relation to a Class 2 designated operating entity, means the date specified under section 64(3) as the date on which the designation of that entity as a designated operating entity takes effect;
effective designation date
“effective designation date”, in relation to a designated entity, means the date specified under section 64(3) as the date on which the designation of that entity as a designated operating entity or designated equity interest holder (as the case may be) takes effect;
“limited liability partnership” has the meaning given by section 2(1) of the Limited Liability Partnerships Act 2005;
“relevant entity” means —
entity
“entity” means any sole proprietorship, partnership, corporation or other body of persons, whether corporate or unincorporate, and includes a business trust;
an airport licensee or a designated business trust; or
a Class 2 designated operating entity;
Class 2 designated operating entity
“Class 2 designated operating entity” means a designated operating entity that is neither an airport licensee nor a designated business trust;
“unregistered company” has the meaning given by section 245(1) of the Insolvency, Restructuring and Dissolution Act 2018.
In this Part —
to avoid doubt, a reference to an airport licensee or a designated business trust includes one that is also a Class 1 designated operating entity;
a reference to the affairs, business, undertaking, operations or activities of a designated business trust or a Class 2 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 business trust or a Class 2 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.