Singapore legislation
Regulation 8
of Securities and Futures (Disclosure of Interests) Regulations 2012
Regulation 8
Exemption from disclosure requirements for directors and chief executive officers of trustee-manager of business trust who are also substantial unitholders of business trust
A person who is or (if he has ceased to be one) had been a substantial unitholder of a registered business trust or recognised business trust need not give notice of any of the following matters:
particulars of the voting units in the business trust in which the person has or had an interest or interests and the nature and extent of that interest or those interests;
any change in the percentage level of the person’s interest or interests in voting units in the business trust;
the person ceasing to be a substantial unitholder of the business trust,in accordance with sections 135(1), 136(1) and 137(1) of the Act (as applied by section 137J(1) of the Act), if he is required to give notice of such matter as a director or chief executive officer of the trustee‑manager of the business trust under section 137N(1) of the Act.