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In forceAmended2020 Revised Edition

2. Interpretation

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Amended

Last amended by an amending law of 2018.

In this Act, unless the context otherwise requires —“Board” means the Economic Development Board established under section 3;“chief executive officer” means the chief executive of the Board, and includes any individual acting in that capacity;“enterprise” means any entity incorporated, formed or established in Singapore or elsewhere, whether or not for profit, and howsoever owned or controlled, and includes —

(a)

a corporation, a sole proprietorship, a partnership, a joint venture, a trust and an association; and

(b)

a branch of an enterprise;“member” means a member of the Board;“underwrite” means to contract, with or without conditions, to subscribe for stocks, shares, bonds or debentures of an enterprise with a view to the resale of the whole or part of it.

“Board” means the Economic Development Board established under section 3;

“chief executive officer” means the chief executive of the Board, and includes any individual acting in that capacity;

“enterprise” means any entity incorporated, formed or established in Singapore or elsewhere, whether or not for profit, and howsoever owned or controlled, and includes —

(a)

a corporation, a sole proprietorship, a partnership, a joint venture, a trust and an association; and

(b)

a branch of an enterprise;

“member” means a member of the Board;

“underwrite” means to contract, with or without conditions, to subscribe for stocks, shares, bonds or debentures of an enterprise with a view to the resale of the whole or part of it.

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