Regulation 1
Citation and commencement
This Order is the Gas (Control of Designated Gas Licensees, etc., under Part 7B — Exemption) Order 2025 and comes into operation on 1 July 2025.
/akn/sg/act/sub_leg/2001/GA-S458-2025
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Quick answer
Gas (Control of Designated Gas Licensees, etc., under Part 7B — Exemption) Order 2025 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation GA-S458-2025 2001, currently marked in force and first recorded in 2001.
Citation and commencement
This Order is the Gas (Control of Designated Gas Licensees, etc., under Part 7B — Exemption) Order 2025 and comes into operation on 1 July 2025.
Exempted transactions
Section 63B(1) of the Act does not apply to a designated gas licensee, a designated entity or the trustee‑manager of a designated business trust in relation to a pro forma change.
Section 63B(3) of the Act does not apply to any person who enters into any transaction which is a pro forma change.
In this paragraph, “pro forma change” means any transaction between a person and the person’s associate that results in the transfer to either of them of any equity interest in a designated gas licensee, a designated entity or a designated business trust, without any change to the percentage of equity interest held by the person in the licensee, the entity or the business trust immediately before the transaction is made.IllustrationThe transfer by a corporation (A) of equity interest held by A in a designated gas licensee to a wholly‑owned subsidiary of A constitutes a pro forma change.