Singapore legislation

Section 2

of Government Securities Act 1992

Section 2

Interpretation

Amended by15/2021

In this Act, unless the context otherwise requires —“advance deposits” means such deposits as are received under section 27;“Authority” means the Monetary Authority of Singapore established under the Monetary Authority of Singapore Act 1970;“bearer bonds” means bearer bonds issued under Part 4;“book‑entry Government securities” means any stock or bond issued in Singapore under Part 5 in the form of an entry on the records of the Authority;“financial institution” means any person licensed, approved, registered or regulated by the Authority, or exempted from such licensing, approval, registration or regulation, under any written law administered by the Authority;“Government securities” means stocks, bearer bonds, book‑entry Government securities or other securities which may be issued under this Act;“Government Securities Fund” means the Government Securities Fund established under Part 2;“primary dealer” means a person approved under Part 7A to be a primary dealer;“public debt securities” means any securities issued under the Significant Infrastructure Government Loan Act 2021;“regulations” means regulations made under this Act and, in relation to any particular issue of Government securities, includes any notification in the Gazette varying such regulations in relation to that issue;“sinking fund” means the sinking fund created under section 25;“stocks” means stocks issued under Part 4;“trustee stock” means any of the securities mentioned in the Trustees Act 1967 in which trustees may invest.

Definition

“advance deposits” means such deposits as are received under section 27;

Definition

“Authority” means the Monetary Authority of Singapore established under the Monetary Authority of Singapore Act 1970;

Definition

“bearer bonds” means bearer bonds issued under Part 4;

Definition

“book‑entry Government securities” means any stock or bond issued in Singapore under Part 5 in the form of an entry on the records of the Authority;

Definition

“financial institution” means any person licensed, approved, registered or regulated by the Authority, or exempted from such licensing, approval, registration or regulation, under any written law administered by the Authority;

Definition

“Government securities” means stocks, bearer bonds, book‑entry Government securities or other securities which may be issued under this Act;

Definition

“Government Securities Fund” means the Government Securities Fund established under Part 2;

Definition

“primary dealer” means a person approved under Part 7A to be a primary dealer;

Definition

“public debt securities” means any securities issued under the Significant Infrastructure Government Loan Act 2021;

Definition

“regulations” means regulations made under this Act and, in relation to any particular issue of Government securities, includes any notification in the Gazette varying such regulations in relation to that issue;

Definition

“sinking fund” means the sinking fund created under section 25;

Definition

“stocks” means stocks issued under Part 4;

Definition

“trustee stock” means any of the securities mentioned in the Trustees Act 1967 in which trustees may invest.

Amended by15/2021