Singapore legislation
Clause 45
Clause 45
Interpretation of this Part
In this Part, unless the context otherwise requires —“business” includes affairs and property;“office-holder”, in relation to a designated financial holding company, means any person acting in relation to the designated financial holding company as its liquidator, provisional liquidator, receiver, receiver and manager or an equivalent person;“relevant business” means any business of a designated financial holding company —
which the Authority has assumed control of under section 47(2)(c); or
in relation to which a statutory adviser or a statutory manager has been appointed under section 47(2)(b) or (c);“statutory adviser” means a statutory adviser appointed under section 47;“statutory manager” means a statutory manager appointed under section 47.
Definition
“business” includes affairs and property;
Definition
“office-holder”, in relation to a designated financial holding company, means any person acting in relation to the designated financial holding company as its liquidator, provisional liquidator, receiver, receiver and manager or an equivalent person;
Definition
“relevant business” means any business of a designated financial holding company —
which the Authority has assumed control of under section 47(2)(c); or
in relation to which a statutory adviser or a statutory manager has been appointed under section 47(2)(b) or (c);
Definition
“statutory adviser” means a statutory adviser appointed under section 47;
Definition
“statutory manager” means a statutory manager appointed under section 47.