3. General definitions

In these Regulations —

“qualifying collective investment scheme” means a collective investment scheme constituted in Singapore —

that is authorised under section 286 of the Securities and Futures Act 2001; or

the units of which are or are to be the subject of an offer or intended offer to which Subdivisions (2) and (3) of Division 2 of Part 13 of that Act do not apply or apply with modifications by reason of section 304 or 305 of that Act; and

the expressions “approved exchange”, “collective investment scheme” and “unit” have the meanings given to them in the Securities and Futures Act 2001.

In these Regulations, expressions defined in the Agreement but not in the Act or these Regulations have the same meanings as in the Agreement.

The following table lists the places where expressions in these Regulations are defined or otherwise explained:First column Second columnExpression Referenceannuity contract Regulation 3(2) with paragraph 1(x) of Article 1 of the Agreementcash value insurance contract Regulation 3(2) with paragraph 1(y) of Article 1 of the Agreementexempt beneficial owner Regulation 3(2) with Sections I and II of Annex II to the Agreementfinancial account Regulation 3(2) with paragraph 1(s) of Article 1 of the Agreement, and regulation 13NFFE Regulation 3(2) with paragraph B(2) of Section VI of Annex I to the Agreementnon‑participating financial institution Regulation 3(2) with paragraph 1(r) of Article 1 of the Agreementnon‑reporting Singaporean financial institution Regulation 3(2) with paragraph 1(q) of Article 1 of the Agreement, and regulation 12U.S. reportable account Regulation 3(2) with paragraph 1(cc) of Article 1 of, and paragraph B(4) of Section I of Annex I to, the Agreement, and regulation 13

In these Regulations —

“qualifying collective investment scheme” means a collective investment scheme constituted in Singapore —

that is authorised under section 286 of the Securities and Futures Act 2001; or

the units of which are or are to be the subject of an offer or intended offer to which Subdivisions (2) and (3) of Division 2 of Part 13 of that Act do not apply or apply with modifications by reason of section 304 or 305 of that Act; and

the expressions “approved exchange”, “collective investment scheme” and “unit” have the meanings given to them in the Securities and Futures Act 2001.

In these Regulations, expressions defined in the Agreement but not in the Act or these Regulations have the same meanings as in the Agreement.

The following table lists the places where expressions in these Regulations are defined or otherwise explained:First column Second columnExpression Referenceannuity contract Regulation 3(2) with paragraph 1(x) of Article 1 of the Agreementcash value insurance contract Regulation 3(2) with paragraph 1(y) of Article 1 of the Agreementexempt beneficial owner Regulation 3(2) with Sections I and II of Annex II to the Agreementfinancial account Regulation 3(2) with paragraph 1(s) of Article 1 of the Agreement, and regulation 13NFFE Regulation 3(2) with paragraph B(2) of Section VI of Annex I to the Agreementnon‑participating financial institution Regulation 3(2) with paragraph 1(r) of Article 1 of the Agreementnon‑reporting Singaporean financial institution Regulation 3(2) with paragraph 1(q) of Article 1 of the Agreement, and regulation 12U.S. reportable account Regulation 3(2) with paragraph 1(cc) of Article 1 of, and paragraph B(4) of Section I of Annex I to, the Agreement, and regulation 13