Singapore legislation
Clause 65
Clause 65
Amendment of section 239
Section 239(1) of the principal Act is amended —
by deleting the definition of “chief executive officer”;
by inserting, immediately after the definition of “issuer”, the following definition:“ “limited liability partnership” means any limited liability partnership whether registered in Singapore under the Limited Liability Partnerships Act (Cap. 163A) or otherwise;”; and
by deleting the definition of “securities” and substituting the following definition:“ “securities” means —
shares or units of shares of a corporation;
debentures or units of debentures of an entity;
interests in a limited partnership or limited liability partnership formed in Singapore or elsewhere; or
such other product or class of products as the Authority may prescribe,but does not include such other product or class of products as the Authority may prescribe as not being securities;”.