Singapore legislation

Regulation 23

of Banking (Merchant Banks) Regulations 2021

Regulation 23

Definitions of this Part

In this Part —“holding company” has the meaning given by section 5 of the Companies Act;“qualified major stake entity”, in relation to a merchant bank, means an affiliated entity of the merchant bank in which the merchant bank holds a major stake.

Definition

“holding company” has the meaning given by section 5 of the Companies Act;

Definition

“qualified major stake entity”, in relation to a merchant bank, means an affiliated entity of the merchant bank in which the merchant bank holds a major stake.