Clause 3
Transfer date and designation of companies
of Exchanges (Demutualisation and Merger) Bill
BillNot in forceProvision 3 of 20
Clause 3
(1)
The transfer date shall be such date as the Minister may, by notification in the Gazette, appoint.
(2)
The Minister may, by notification in the Gazette, designate —
(a)
a public company incorporated in Singapore to be the transferee holding company for the purposes of this Act; and
(b)
a company incorporated in Singapore to be the special purpose company for the purposes of this Act.