Singapore legislation
Regulation 2
of Income Tax (Qualifying Project Debt Securities) Regulations 2008
Regulation 2
Definitions
In these Regulations —“approved bond intermediary”, “debt securities”, “early redemption fee”, “financial institution”, “financial sector incentive (bond market) company”, “financial sector incentive (capital market) company”, “financial sector incentive (project finance) company”, “financial sector incentive (standard tier) company”, “qualifying project debt securities” and “redemption premium” have the same meanings as in section 13(16) of the Act;“Authority” means the Monetary Authority of Singapore;“offering documents” means the prospectuses, offering circulars, information memoranda, pricing supplements or other documents issued to investors in connection with an issue of securities;“programme” includes a medium term note programme, a commercial paper programme or any similar programme for the issue of debt securities;“Singapore-based issuer” —
in relation to an issuer which is not a special purpose vehicle, means an entity that carries on any operation in Singapore; and
in relation to an issuer which is a special purpose vehicle, means an entity whose sponsor carries on any operation in Singapore;“specified licensed entity” means any of the following persons:
a bank or merchant bank licensed under the Banking Act 1970;
a finance company licensed under the Finance Companies Act 1967;
a person who holds a capital markets services licence under the Securities and Futures Act 2001 to carry on a business in any of the following regulated activities:
advising on corporate finance;
dealing in capital markets products;“tranche” means a particular issue of debt securities under a programme.
Definition
“approved bond intermediary”, “debt securities”, “early redemption fee”, “financial institution”, “financial sector incentive (bond market) company”, “financial sector incentive (capital market) company”, “financial sector incentive (project finance) company”, “financial sector incentive (standard tier) company”, “qualifying project debt securities” and “redemption premium” have the same meanings as in section 13(16) of the Act;
Definition
“Authority” means the Monetary Authority of Singapore;
Definition
“offering documents” means the prospectuses, offering circulars, information memoranda, pricing supplements or other documents issued to investors in connection with an issue of securities;
Definition
“programme” includes a medium term note programme, a commercial paper programme or any similar programme for the issue of debt securities;
Definition
“Singapore-based issuer” —
in relation to an issuer which is not a special purpose vehicle, means an entity that carries on any operation in Singapore; and
in relation to an issuer which is a special purpose vehicle, means an entity whose sponsor carries on any operation in Singapore;
Definition
“specified licensed entity” means any of the following persons:
a bank or merchant bank licensed under the Banking Act 1970;
a finance company licensed under the Finance Companies Act 1967;
a person who holds a capital markets services licence under the Securities and Futures Act 2001 to carry on a business in any of the following regulated activities:
advising on corporate finance;
dealing in capital markets products;
Definition
“tranche” means a particular issue of debt securities under a programme.