Singapore legislation
Section 30C
Section 30C
Regulations for carrying out section 30B
(1)
The Authority may, with the approval of the Minister, make such regulations under section 103 as are necessary or expedient for carrying out the purposes of section 30B.
(2)
Without limiting subsection (1), the regulations may prescribe —
the meaning of equity interest and the circumstances under which a person would be considered to hold a percentage of the total equity interest in a designated electricity licensee, a designated entity or a designated business trust;
the circumstances under which a person would be considered to be in a position to control a percentage of the voting power in a designated electricity licensee, a designated entity or a designated business trust;
the circumstances under which a person would be considered to have acquired as a going concern a business referred to in section 30B(4);
the circumstances under which a person would be considered to be an associate for the purposes of sections 30B, 30D and 30F; and (e)the manner in which any notice or application under section 30B must be given or made, and the person or persons who are required to give the notice or make the application.