Regulation 1
Citation and commencement
These Regulations are the Securities and Futures (Offers of Investments) (Exemption for AIA Agency Share Purchase Plan 2021) Regulations 2021 and come into operation on 17 February 2021.
/akn/sg/act/sub_leg/2001/SFA-S100-2021
Securities and Futures (Offers of Investments) (Exemption for AIA Agency Share Purchase Plan 2021) Regulations 2021
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- Type
- Subsidiary Legislation
- Status
- In force
- Enacted
- 2001
- Sections
- 3
Quick answer
About this subsidiary legislation
Securities and Futures (Offers of Investments) (Exemption for AIA Agency Share Purchase Plan 2021) Regulations 2021 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation SFA-S100-2021 2001, currently marked in force and first recorded in 2001.
Regulation 2
Definitions
Amended byS 715/2023 wef 07/11/2023
In these Regulations —“AIA Agency Share Purchase Plan 2021” means the AIA Group Limited Agency Share Purchase Plan adopted by the Company on 1 February 2021 and ending on 31 January 2031, and includes any subsequent version of that plan as amended and adopted by the Company at any time between 1 February 2021 and 31 January 2031 (both dates inclusive), for the agents of —
(a)
the Company; and (b)any subsidiary of the Company; “Company” means AIA Group Limited.
Definition
“AIA Agency Share Purchase Plan 2021” means the AIA Group Limited Agency Share Purchase Plan adopted by the Company on 1 February 2021 and ending on 31 January 2031, and includes any subsequent version of that plan as amended and adopted by the Company at any time between 1 February 2021 and 31 January 2031 (both dates inclusive), for the agents of —
(a)
the Company; and (b)any subsidiary of the Company;
Amended byS 715/2023 wef 07/11/2023
Regulation 3
Exemption
Amended byS 715/2023 wef 31/12/2021
Subregulation 1
Amended byS 715/2023 wef 31/12/2021
Subject to paragraph (2), Subdivision (2) of Division 1 of Part 13 (other than section 257) of the Act does not apply in relation to an offer of shares by the Company under the AIA Agency Share Purchase Plan 2021 to the agents of —
(a)
the Company; and (b)any subsidiary of the Company.
Subregulation 2
The exemption under paragraph (1) only applies if —
(a)
the Company gives to any person to whom the Company makes the offer, a written statement that —
(i)
the offer is made in reliance on an exemption granted by the Authority pursuant to these Regulations; and
(ii)
the offer is not made in, or accompanied by, a prospectus that is registered by the Authority; and
(b)
no selling or promotional expenses are paid or incurred in connection with the offer other than those incurred for administrative or professional services, or by way of commission or fee for services, rendered by —
(i)
a person who holds, or is exempted from the requirement to hold, a capital markets services licence to carry on business in the regulated activity of dealing in capital markets products that are securities or securities‑based derivatives contracts; or
(ii)
a person who is licensed, approved, authorised or otherwise regulated (or who is exempted from such regulation) under the laws, codes or other requirements of any foreign jurisdiction for dealing in capital markets products that are securities or securities‑based derivatives contracts.
Common questions
- What is Securities and Futures (Offers of Investments) (Exemption for AIA Agency Share Purchase Plan 2021) Regulations 2021?
- Securities and Futures (Offers of Investments) (Exemption for AIA Agency Share Purchase Plan 2021) Regulations 2021 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation SFA-S100-2021 2001, currently marked in force and first recorded in 2001.
- Is Securities and Futures (Offers of Investments) (Exemption for AIA Agency Share Purchase Plan 2021) Regulations 2021 still in force?
- Yes — Securities and Futures (Offers of Investments) (Exemption for AIA Agency Share Purchase Plan 2021) Regulations 2021 is currently in force.
- When did Securities and Futures (Offers of Investments) (Exemption for AIA Agency Share Purchase Plan 2021) Regulations 2021 take effect?
- Securities and Futures (Offers of Investments) (Exemption for AIA Agency Share Purchase Plan 2021) Regulations 2021 was first recorded in 2001.
- How many regulations does Securities and Futures (Offers of Investments) (Exemption for AIA Agency Share Purchase Plan 2021) Regulations 2021 have?
- Securities and Futures (Offers of Investments) (Exemption for AIA Agency Share Purchase Plan 2021) Regulations 2021 contains 3 regulations.
- Where can I read the official version of Securities and Futures (Offers of Investments) (Exemption for AIA Agency Share Purchase Plan 2021) Regulations 2021?
- The official text of Securities and Futures (Offers of Investments) (Exemption for AIA Agency Share Purchase Plan 2021) Regulations 2021 is published at sso.agc.gov.sg.