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laws.sgby aturio
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5. Exemption from section 88 of Act

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(1)

Section 88(1) of the Act does not apply to a person who becomes a 5% controller of an employer of a specified Auxiliary Police Force.

(2)

Section 88(2) of the Act does not apply to a person who —

(a)

whether by a series of transactions over a period of time or otherwise, becomes a 25% controller, a 50% controller or an indirect controller of an employer of a specified Auxiliary Police Force; or

(b)

ceases to be a 50% controller or a 75% controller of an employer of a specified Auxiliary Police Force.

Subregulation 1

Section 88(1) of the Act does not apply to a person who becomes a 5% controller of an employer of a specified Auxiliary Police Force.

Subregulation 2

Section 88(2) of the Act does not apply to a person who —

(a)

whether by a series of transactions over a period of time or otherwise, becomes a 25% controller, a 50% controller or an indirect controller of an employer of a specified Auxiliary Police Force; or

(b)

ceases to be a 50% controller or a 75% controller of an employer of a specified Auxiliary Police Force.

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