Finance Companies Act 1967 · 2020 Revised Edition · Part 6 · Inspection and Control of Finance Companies
34A. Interpretation of sections 34A to 39
Feedback & supportLast amended by an amending law of 2013.
In this section and sections 35 to 39, unless the context otherwise requires —“business” includes affairs and property;“office holder”, in relation to a finance company, means any person acting as the liquidator, the provisional liquidator, the receiver or the receiver and manager of the finance company, or acting in an equivalent capacity in relation to the finance company;“relevant business” means any business of a finance company —
property
“property” includes property, right and power of every description;
which the Authority has assumed control of under section 35; or
in relation to which a statutory adviser or a statutory manager has been appointed under section 35;“statutory adviser” means a statutory adviser appointed under section 35;“statutory manager” means a statutory manager appointed under section 35.
“business” includes affairs and property;
“office holder”, in relation to a finance company, means any person acting as the liquidator, the provisional liquidator, the receiver or the receiver and manager of the finance company, or acting in an equivalent capacity in relation to the finance company;
finance company
“finance company” means any company licensed under this Act to carry on financing business, and all branches and offices in Singapore of such a company are deemed to be one finance company for the purposes of this Act;
“relevant business” means any business of a finance company —
which the Authority has assumed control of under section 35; or
in relation to which a statutory adviser or a statutory manager has been appointed under section 35;
“statutory adviser” means a statutory adviser appointed under section 35;
“statutory manager” means a statutory manager appointed under section 35.