Singapore legislation

Regulation 7

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

Regulation 7

Applications for approval under section 30B of Act

Amended byS 449/2025 wef 01/07/2025

Subregulation 1

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

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

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.

Read in full context — Electricity (Control of Designated Electricity Licensees, etc., under Part 4A) Regulations →