21. Liability of companies to account for duty

Terms defined in this Act

• Commissioner

  Commissioner

  Defined · s 2

  “Commissioner” means the Commissioner of Estate Duties appointed under section 4(1) and includes a Deputy Commissioner of Estate Duties;

  Open s 2
• company to which this Part applies

  company to which this Part applies

  Defined · s 18

  “company to which this Part applies” means any body corporate wherever incorporated, which either —(a)is so constituted as not to be controlled by its shareholders or by any class thereof; or(b)has not issued to the public, or in the case of a company which is about to make an issue of shares to the public, will not, when it has made that issue, have issued to the public, more than half of the shares by the holders whereof it is controlled;

  Open s 18
• estate duty

  estate duty

  Defined · s 2

  “estate duty” means estate duty leviable under this Act;

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• executor

  executor

  Defined · s 2

  “executor” means the executor or administrator of a deceased person, and includes, as regards any obligation under this Act —(a)any person who takes possession of or intermeddles with the property of a deceased person; and(b)any person who has applied or is entitled to apply to any court for the grant or resealing of probate or letters of administration in respect of the estate of a deceased person;

  Open s 2
• on the death

  on the death

  Defined · s 2

  “on the death” includes at a period ascertainable only by reference to the death;

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• property

  property

  Defined · s 2

  “property” includes movable and immovable property of any kind situate or being in Singapore and the proceeds of sale thereof respectively, and any money or investment for the time being representing the proceeds of sale; and, in the case of a deceased person who was at the time of his death domiciled in Singapore, includes movable property wherever it may be;

  Open s 2