Regulation 2

means an approved shipping investment enterprise mentioned in section 13P of the Act; and (b)includes a partnership approved by the Minister (or an authorised body) under section 13P of the Act as applied by section 36 of the Act;“finance lease”, in relation to a ship, means a lease of the ship (including any arrangement or agreement made in connection with the lease) that has the effect of transferring substantially the obsolescence, risks or rewards incidental to ownership of the ship to the lessee;“foreign ship” means a sea‑going ship other than a Singapore ship;“international shipping enterprise” has the meaning given by section 13E(6) of the Act; “provisionally registered ship” means a ship that is provisionally registered under the Merchant Shipping Act 1995, but excludes one whose registry is closed, deemed closed or suspended; “shipping enterprise” means a company that owns or operates one or more Singapore ships;“shipping investment enterprise” has the meaning given by section 13P(20) of the Act;“Singapore ship” —

means a ship in respect of which a certificate of registry has been issued under the Merchant Shipping Act 1995 and whose registry is not closed or deemed to be closed or suspended; and

includes a provisionally registered ship.