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2. Definitions

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Amended

Last amended by an amending law of 2025.

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.

“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.

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