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Electricity (Control of Designated Electricity Licensees, etc., under Part 4A) Regulations

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Type
Subsidiary Legislation
Status
In force
Enacted
2001
Sections
10

Quick answer

About this subsidiary legislation

Electricity (Control of Designated Electricity Licensees, etc., under Part 4A) Regulations is Singapore Subsidiary Legislation, cited as Subsidiary Legislation EA-RG6 2001, currently marked in force and first recorded in 2001.

Regulation 1

Citation

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Amended byS 449/2025 wef 01/07/2025

These Regulations may be cited as the Electricity (Control of Designated Electricity Licensees, etc., under Part 4A) Regulations.

Regulation 2

Definitions

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Amended byS 449/2025 wef 31/12/2021S 449/2025 wef 31/12/2021S 449/2025 wef 01/07/2025S 449/2025 wef 31/12/2021S 449/2025 wef 31/12/2021S 449/2025 wef 31/12/2021S 449/2025 wef 31/12/2021

In these Regulations, unless the context otherwise requires —“acquiring party” means —

(a)

any person who is required to obtain the Authority’s approval under section 30B(3) of the Act; or

(b)

any person, other than a designated licensee, a designated entity or the trustee-manager of a designated business trust, who is required to obtain the Authority’s approval under section 30B(4) of the Act;“application” means an application made under section 30B of the Act;“divesting party” means any person who is required to obtain the Authority’s approval under section 30B(3A) of the Act;“related corporation”, in relation to a corporation, means a corporation that is deemed to be related to the first-mentioned corporation under section 6 of the Companies Act 1967;“treasury share” has the same meaning as in section 4(1) of the Companies Act 1967;“unit” has the same meaning as in section 2 of the Business Trust Act 2004;“voting share” has the same meaning as in section 4(1) of the Companies Act 1967 but excludes a treasury share.

Definition

“acquiring party” means —

(a)

any person who is required to obtain the Authority’s approval under section 30B(3) of the Act; or

(b)

any person, other than a designated licensee, a designated entity or the trustee-manager of a designated business trust, who is required to obtain the Authority’s approval under section 30B(4) of the Act;

Amended byS 449/2025 wef 31/12/2021S 449/2025 wef 31/12/2021
Suggest a correction

Definition

“application” means an application made under section 30B of the Act;

Suggest a correction

Definition

“divesting party” means any person who is required to obtain the Authority’s approval under section 30B(3A) of the Act;

Amended byS 449/2025 wef 01/07/2025
Suggest a correction

Definition

“related corporation”, in relation to a corporation, means a corporation that is deemed to be related to the first-mentioned corporation under section 6 of the Companies Act 1967;

Amended byS 449/2025 wef 31/12/2021
Suggest a correction

Definition

“treasury share” has the same meaning as in section 4(1) of the Companies Act 1967;

Amended byS 449/2025 wef 31/12/2021
Suggest a correction

Definition

“unit” has the same meaning as in section 2 of the Business Trust Act 2004;

Amended byS 449/2025 wef 31/12/2021
Suggest a correction

Definition

“voting share” has the same meaning as in section 4(1) of the Companies Act 1967 but excludes a treasury share.

Amended byS 449/2025 wef 31/12/2021
Suggest a correction

Regulation 3

Meaning of equity interest in Part 4A of Act

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Amended byS 449/2025 wef 31/12/2021S 449/2025 wef 31/12/2021S 449/2025 wef 31/12/2021S 449/2025 wef 01/07/2025S 449/2025 wef 01/07/2025S 449/2025 wef 31/12/2021

Subregulation 1

Suggest a correction
Amended byS 449/2025 wef 31/12/2021

For the purposes of Part 4A of the Act, “equity interest” —

(a)

in relation to a corporation, means a voting share in that corporation;

(b)

in relation to an entity other than a corporation, means any right or interest, whether legal or equitable, in that entity, by whatever name called, which gives the holder of that right or interest voting power in that entity; and

(c)

in relation to a business trust, means a unit in that business trust.

Subregulation 2

Suggest a correction
Amended byS 449/2025 wef 31/12/2021S 449/2025 wef 31/12/2021

For the purpose of paragraph (1)(a), a person holds a voting share in a corporation if —

(a)

that person is deemed to have an interest in that share under section 7 of the Companies Act 1967; or

(b)

that person otherwise has a legal or an equitable interest in that share except for such interest as is to be disregarded under section 7 of the Companies Act 1967.

Subregulation 3

Suggest a correction
Amended byS 449/2025 wef 01/07/2025

For the purpose of paragraph (1)(b), a person holds a right or an interest in an entity other than a corporation if that person has a legal or an equitable interest in that right or interest.

Subregulation 4

Suggest a correction
Amended byS 449/2025 wef 01/07/2025

For the purpose of paragraph (1)(c), a person holds a unit in a business trust if that person has a legal or an equitable interest in that unit.

Regulation 4

Meaning of control of voting in Part 4A of Act

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Amended byS 449/2025 wef 31/12/2021

For the purposes of Part 4A of the Act and these Regulations, a reference to the control of a percentage of voting power in a designated electricity licensee, a designated entity or a designated business trust is a reference to the control, whether direct or indirect, of that percentage of the total number of votes that may be cast in a general meeting of the licensee, the entity or the business trust.

Regulation 5

Meaning of associate in Part 4A of Act

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Amended byS 449/2025 wef 31/12/2021

For the purposes of Part 4A of the Act, a person, A, is an associate of another person, B, if —

(a)

A is the spouse, or a parent, step-parent or remoter lineal ancestor, or a son, step-son, daughter, step-daughter or remoter issue, or a brother or sister, of B;

(b)

A is a corporation whose directors are accustomed or under an obligation, whether formal or informal, to act in accordance with the directions, instructions or wishes of B or, where B is a corporation, of the directors of B;

(c)

B is a corporation whose directors are accustomed or under an obligation, whether formal or informal, to act in accordance with the directions, instructions or wishes of A or, where A is a corporation, of the directors of A;

(d)

A is a person who is accustomed or under an obligation, whether formal or informal, to act in accordance with the directions, instructions or wishes of B or, where B is a corporation, of the directors of B;

(e)

B is a person who is accustomed or under an obligation, whether formal or informal, to act in accordance with the directions, instructions or wishes of A or, where A is a corporation, of the directors of A;

(f)

A is a related corporation of B;

(g)

A is a corporation in which B, alone or together with other associates of B as described in sub-paragraphs (b) to (f), is in a position to control not less than 20% of the voting power in A;

(h)

B is a corporation in which A, alone or together with other associates of A as described in sub-paragraphs (b) to (f), is in a position to control not less than 20% of the voting power in B; or

(i)

A is a person with whom B has an agreement or arrangement, whether oral or in writing and whether express or implied, to act together with respect to the acquisition, holding or disposal of equity interest in, or with respect to the exercise of their voting power in relation to, the designated electricity licensee, the designated entity or the designated business trust concerned.

Regulation 6

Notice under section 30B(1) of Act

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Amended byS 449/2025 wef 01/07/2025

A notice under section 30B(1) of the Act must contain any information that the Authority may require, including —

(a)

the name, address and contact information of —

(i)

the person who has acquired the equity interest; and

(ii)

where the person mentioned in sub-paragraph (i) is an entity, a director or other officer of that person;

(b)

the percentage of equity interest held by the person following the acquisition of the equity interest; and

(c)

the effective date of acquisition of the equity interest.

Regulation 7

Applications for approval under section 30B of Act

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Amended byS 449/2025 wef 01/07/2025

Subregulation 1

Suggest a correction

An application for approval under section 30B(3) of the Act must —

(a)

be made by the acquiring party; and

(b)

contain any information that the Authority may require, including —

(i)

the name, address and contact information of —

(A)

the acquiring party; and

(B)

where the person mentioned in sub-paragraph (A) is an entity, a director or other officer of that person;

(ii)

any anticipated significant changes in the management or operations of the designated electricity licensee, the designated entity or the designated business trust;

(iii)

the percentage of equity interest held by the acquiring party;

(iv)

the percentage of voting power controlled by the acquiring party;

(v)

any special or preferential rights that have already been granted to the acquiring party;

(vi)

the percentage of equity interest the acquiring party will hold if the application is approved;

(vii)

the percentage of voting power the acquiring party will control if the application is approved; and

(viii)

any special or preferential rights that will be granted to the acquiring party if the application is approved.

Subregulation 2

Suggest a correction

An application for approval under section 30B(3A) of the Act must —

(a)

be made by the divesting party; and

(b)

contain any information that the Authority may require, including —

(i)

the name, address and contact information of —

(A)

the divesting party; and

(B)

where the person mentioned in sub-paragraph (A) is an entity, a director or other officer of that person;

(ii)

any anticipated significant changes in the management or operations of the designated electricity licensee, the designated entity or the designated business trust;

(iii)

the percentage of equity interest held by the divesting party;

(iv)

the percentage of voting power controlled by the divesting party;

(v)

any special or preferential rights that have already been granted to the divesting party;

(vi)

the percentage of equity interest the divesting party will hold if the application is approved;

(vii)

the percentage of voting power the divesting party will control if the application is approved; and

(viii)

any special or preferential rights that will be granted to the divesting party if the application is approved.

Subregulation 3

Suggest a correction

An application for approval under section 30B(4) of the Act must —

(a)

be made jointly by —

(i)

the acquiring party; and

(ii)

the designated electricity licensee, the designated entity or the trustee-manager of the designated business trust (as the case may be) concerned; and

(b)

contain any information that the Authority may require, including —

(i)

the name, address and contact information of —

(A)

the acquiring party; and

(B)

where the person mentioned in sub-paragraph (A) is an entity, a director or other officer of that person; (ii)any anticipated significant changes in the management or operations of the designated electricity licensee, the designated entity or the designated business trust;

(iii)

the percentage of equity interest held by the acquiring party;

(iv)

the percentage of voting power controlled by the acquiring party;

(v)

any special or preferential rights that have already been granted to the acquiring party;

(vi)

the percentage of equity interest the acquiring party will hold if the application is approved;

(vii)

the percentage of voting power the acquiring party will control if the application is approved; and

(viii)

any special or preferential rights that will be granted to the acquiring party if the application is approved.

Regulation 9

Monitoring changes in equity interest and voting power

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A designated electricity licensee, a designated entity or the trustee-manager of a designated business trust shall comply with such procedures as may be reasonably required by the Authority for the purposes of monitoring changes in the holding of equity interest or the controlling of voting power in the licensee, the entity or the business trust.

Common questions

What is Electricity (Control of Designated Electricity Licensees, etc., under Part 4A) Regulations?
Electricity (Control of Designated Electricity Licensees, etc., under Part 4A) Regulations is Singapore Subsidiary Legislation, cited as Subsidiary Legislation EA-RG6 2001, currently marked in force and first recorded in 2001.
Is Electricity (Control of Designated Electricity Licensees, etc., under Part 4A) Regulations still in force?
Yes — Electricity (Control of Designated Electricity Licensees, etc., under Part 4A) Regulations is currently in force.
When did Electricity (Control of Designated Electricity Licensees, etc., under Part 4A) Regulations take effect?
Electricity (Control of Designated Electricity Licensees, etc., under Part 4A) Regulations was first recorded in 2001.
How many regulations does Electricity (Control of Designated Electricity Licensees, etc., under Part 4A) Regulations have?
Electricity (Control of Designated Electricity Licensees, etc., under Part 4A) Regulations contains 10 regulations.
Where can I read the official version of Electricity (Control of Designated Electricity Licensees, etc., under Part 4A) Regulations?
The official text of Electricity (Control of Designated Electricity Licensees, etc., under Part 4A) Regulations is published at sso.agc.gov.sg.