Singapore legislation
Regulation 14
of Securities and Futures (Offers of Investments) (Collective Investment Schemes) Regulations 2005
Regulation 14
Supplementary document and replacement document
Subregulation 1
The supplementary document or replacement document to be lodged with the Authority under section 298 of the Act shall be signed —
if the person making the offer of units in a collective investment scheme is the responsible person for the scheme, by every director or equivalent person of the responsible person and every person who is named therein as a proposed director or an equivalent person of the responsible person; and
if the person making the offer of units in a collective investment scheme is not the responsible person for the scheme —
in the case where the responsible person is controlled by —
the person making the offer;
one or more of the related parties of the person making the offer; or
the person making the offer and one or more of his related parties,by the persons mentioned in paragraph (1A); or
in any other case —
if the person making the offer is an entity, by every director or equivalent person of that entity; or
if the person making the offer is an individual, by the individual or a person authorised by the individual in writing.
Subregulation 1A
For the purposes of paragraph (1)(b)(i), the persons are —
every director or equivalent person of the responsible person and every person who is named in the supplementary document or replacement document to be lodged with the Authority as a proposed director or an equivalent person of the responsible person; and
if —
the person making the offer is an entity, by every director or equivalent person of that entity; or
the person making the offer is an individual, by the individual or a person authorised by the individual in writing.
Subregulation 2
A requirement under paragraph (1), read with paragraph (1A), for the supplementary document or replacement document to be signed by a director or an equivalent person is satisfied if the supplementary document or replacement document is signed —
by that director or equivalent person; or
by a person who is authorised in writing by that director or equivalent person to sign on his behalf.
Subregulation 3
A requirement under paragraph (1), read with paragraph (1A), for the supplementary document or replacement document to be signed by a person named therein as a proposed director or an equivalent person is satisfied if the supplementary document or replacement document is signed —
by that proposed director or equivalent person; or
by a person who is authorised in writing by that proposed director or equivalent person to sign on his behalf.