Singapore legislation
Regulation 2
of Central Provident Fund (Designated Shares) Regulations 2022
Regulation 2
Definitions
Subregulation 1
In these Regulations, unless the context otherwise requires —
Definition
“applicable person” has the meaning given by section 2(1) of the Act and regulation 2(b) of the Central Provident Fund (Prescribed Applicable Person) Regulations 2024 (G.N. No. S 275/2024);
Definition
“designated shareholder” and “designated shares” have the meanings given by section 2(1) of the Act;
Definition
“nominee”, in relation to a deceased designated shareholder, has the meaning given by section 26(14) of the Act;
Definition
“prescribed time” means the prescribed time for the receipt of instructions for the purposes of section 26(6)(a) of the Act specified in regulation 5;
Definition
“relevant person”, in relation to a deceased designated shareholder, has the meaning given by section 26(14) of the Act;
Definition
“vested shares” has the meaning given by section 2(1) of the Act;
Definition
“working day” means any day other than a Saturday, Sunday or public holiday.
Subregulation 2
For the purposes of these Regulations, the Board is notified of a designated shareholder’s death —
if it has received satisfactory proof of, or obtained reliable information on, the designated shareholder’s death from any person; and
whether such proof is received or information is obtained before, on or after 1 April 2022.