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Subsidiary Legislation

Securities and Futures (Offers of Investments) (Collective Investment Schemes) (Exemption from Prospectus Requirements) Regulations 2018

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Official textFrom Singapore Statutes Online, unchanged

reg 1Citation and commencement

These Regulations are the Securities and Futures (Offers of Investments) (Collective Investment Schemes) (Exemption from Prospectus Requirements) Regulations 2018 and come into operation on 8 October 2018.

reg 2Exemption

(1)

A responsible person of a real estate investment trust who makes an offer of units in the trust to existing participants of the trust is exempt from having to comply with the provisions in Subdivision (3) of Division 2 of Part XIII of the Act in respect of the offer.

(2)

In paragraph (1), “real estate investment trust” has the meaning given by section 2(1) of the Act.

Subregulation 1

A responsible person of a real estate investment trust who makes an offer of units in the trust to existing participants of the trust is exempt from having to comply with the provisions in Subdivision (3) of Division 2 of Part XIII of the Act in respect of the offer.

Subregulation 2

In paragraph (1), “real estate investment trust” has the meaning given by section 2(1) of the Act.

reg 3Revocation

The Securities and Futures (Offers of Investments) (Collective Investment Schemes) (Exemption from Prospectus Requirements) Regulations 2009 (G.N. No. S 441/2009) are revoked.