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Power of trustee-manager of business trust to require disclosure of beneficial interest in its voting units

Securities and Futures (Disclosure of Interests) Regulations 2012

Match the official source exactly.

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Wrong or mistyped textWrong structure or numberingWrong title or detailsDuplicated content

Proposed text

—(1) Section 137F(1), (2), (3), (4), (6) and (7) of the Act applies to the trustee-manager of an unlisted business trust as it applies to a corporation, with the following modifications:(a)any reference to the corporation is a reference to the trustee-manager of the unlisted business trust;(b)any reference to a share or voting share in the corporation is a reference to a unit or voting unit in the unlisted business trust;(c)any reference to a member of the corporation is a reference to a unitholder of the unlisted business trust;(d)any reference to section 137F of the Act, or a subsection of section 137F of the Act, is a reference to section 137F of the Act, or that subsection of section 137F of the Act, as applied by this regulation;(e)any reference to section 137C of the Act is a reference to section 137C of the Act as applied by regulation 18;(f)section 137F(11) of the Act is to be disregarded.(2) Section 137F(1), (3), (5), (8), (9) and (10) of the Act applies to a unitholder of an unlisted business trust as it applies to a member of a corporation, with the following modifications:(a)any reference to the corporation is a reference to the trustee-manager of the unlisted business trust;(b)any reference to a share or voting share in the corporation is a reference to a unit or voting unit in the unlisted business trust;(c)any reference to a member of the corporation is a reference to a unitholder of the unlisted business trust;(d)any reference to section 137F of the Act, or a subsection of section 137F of the Act, is a reference to section 137F of the Act, or that subsection of section 137F of the Act, as applied by this regulation.(3) Section 137F(2), (5), (8), (9) and (10) of the Act applies to a person who receives a notice from the trustee-manager of an unlisted business trust under section 137F(2) of the Act, as applied by paragraph (1), as it applies to a person who receives a notice from a corporation under section 137F(2) of the Act, with the following modifications:(a)any reference to the corporation is a reference to the trustee-manager of the unlisted business trust;(b)any reference to a share or voting share in the corporation is a reference to a unit or voting unit in the unlisted business trust;(c)any reference to section 137F of the Act, or a subsection of section 137F of the Act, is a reference to section 137F of the Act, or that subsection of section 137F of the Act, as applied by this regulation.

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