Singapore legislation
Clause 35
Clause 35
Interpretation
In this Part —“prescribed day” means —
in relation to a stock broker who was carrying on business as a stock broker at the date of the coming into operation of section 19 of this Act and is so carrying on business on the 1st day of July next succeeding that date — that 1st day of July; and
in relation to a stock broker who commences to carry on business as a stock broker after the date of the coming into operation of section 19 of this Act and is so carrying on business on the 1st day of July next succeeding the day on which he commences so to carry on business — that 1st day of July;“relevant period” means —
in relation to a stock broker referred to in paragraph (a) of the definition of “prescribed day” in this section — the period of twelve months ending on the 31st day of March next succeeding the date of the coming into operation of section 19 of this Act;
in relation to a stock broker referred to in paragraph (b) of that definition — the period of twelve months ending on the 31st day of March next succeeding the day on which he commences to carry on business as a stock broker;“quarter day” means the 31st March, the 30th June, the 30th September and the 31st December.
Definition
“prescribed day” means —
in relation to a stock broker who was carrying on business as a stock broker at the date of the coming into operation of section 19 of this Act and is so carrying on business on the 1st day of July next succeeding that date — that 1st day of July; and
in relation to a stock broker who commences to carry on business as a stock broker after the date of the coming into operation of section 19 of this Act and is so carrying on business on the 1st day of July next succeeding the day on which he commences so to carry on business — that 1st day of July;
Definition
“relevant period” means —
in relation to a stock broker referred to in paragraph (a) of the definition of “prescribed day” in this section — the period of twelve months ending on the 31st day of March next succeeding the date of the coming into operation of section 19 of this Act;
in relation to a stock broker referred to in paragraph (b) of that definition — the period of twelve months ending on the 31st day of March next succeeding the day on which he commences to carry on business as a stock broker;
Definition
“quarter day” means the 31st March, the 30th June, the 30th September and the 31st December.