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In forceAmended2020 Revised Edition

Part 6A · Voluntary Transfer of Business

39A. Interpretation of this Part

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Amended

Last amended by an amending law of 2019. 2 amendments in all.

In this Part, unless the context otherwise requires —“business” includes affairs, property, right, obligation and liability;“Court” means the General Division of the High Court;“debenture” has the meaning given by section 4(1) of the Companies Act 1967;“property” includes property, right and power of every description;“Registrar of Companies” means the Registrar of Companies appointed under the Companies Act 1967 and includes any Deputy or Assistant Registrar of Companies appointed under that Act;“transferee” means a finance company, or a company which has applied or will be applying for a licence to carry on financing business in Singapore, to which the whole or any part of a transferor’s business is, is to be or is proposed to be transferred under this Part;“transferor” means a finance company the whole or any part of the business of which is, is to be, or is proposed to be transferred under this Part.

“business” includes affairs, property, right, obligation and liability;

“Court” means the General Division of the High Court;

“debenture” has the meaning given by section 4(1) of the Companies Act 1967;

“property” includes property, right and power of every description;

“Registrar of Companies” means the Registrar of Companies appointed under the Companies Act 1967 and includes any Deputy or Assistant Registrar of Companies appointed under that Act;

“transferee” means a finance company, or a company which has applied or will be applying for a licence to carry on financing business in Singapore, to which the whole or any part of a transferor’s business is, is to be or is proposed to be transferred under this Part;

“transferor” means a finance company the whole or any part of the business of which is, is to be, or is proposed to be transferred under this Part.

Report

Part 7

Submission of Financial Statements and Duties of Auditors

Part 8

Miscellaneous