Singapore legislation
Regulation 16
of Securities and Futures (Disclosure of Interests) Regulations 2012
Regulation 16
Beneficial owner to ensure notification by person who holds, acquires or disposes of interest on behalf of beneficial owner
Section 137A of the Act applies to a person who authorises another person to hold, acquire or dispose of, on his behalf, voting units or an interest or interests in voting units in an unlisted business trust as it applies to a person who authorises another person to hold, acquire or dispose of, on his behalf, voting shares or an interest or interests in voting shares in a corporation, except that the reference to Subdivision 2 of Division 1 of Part VII of the Act is a reference to section 135, 136 or 137 of the Act, as applied by regulation 15.