Regulation 1
Citation and commencement
This Order may be cited as the Securities and Futures (Institutional, Professional and Business Investors) Order 2005 and shall come into operation on 15th October 2005.
/akn/sg/act/sub_leg/2001/SFA-S607-2005
Securities and Futures (Institutional, Professional and Business Investors) Order 2005
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- Type
- Subsidiary Legislation
- Status
- In force
- Enacted
- 2001
- Sections
- 3
Quick answer
About this subsidiary legislation
Securities and Futures (Institutional, Professional and Business Investors) Order 2005 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation SFA-S607-2005 2001, currently marked in force and first recorded in 2001.
Regulation 2
Institutional, professional and business investors
Subregulation 1
For the purposes of section 278(1) of the Act, the Authority hereby specifies any institutional, professional or business investor who is a non-resident as a person who appears to the Authority to have sufficient expertise to understand any risk involved in buying or selling debentures or units of debentures.
Subregulation 2
In sub-paragraph (1), “non-resident” means —
(a)
an individual who in the 12 months preceding the time of the offer of the debentures or units of debentures has not resided in Singapore for more than 183 days; or
(b)
an entity whose business is not controlled or managed in Singapore at the time of the offer of the debentures or units of debentures.
Regulation 3
Revocation
The Securities and Futures (Institutional, Professional and Business Investors) Order (O 1) is revoked.
Common questions
- What is Securities and Futures (Institutional, Professional and Business Investors) Order 2005?
- Securities and Futures (Institutional, Professional and Business Investors) Order 2005 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation SFA-S607-2005 2001, currently marked in force and first recorded in 2001.
- Is Securities and Futures (Institutional, Professional and Business Investors) Order 2005 still in force?
- Yes — Securities and Futures (Institutional, Professional and Business Investors) Order 2005 is currently in force.
- When did Securities and Futures (Institutional, Professional and Business Investors) Order 2005 take effect?
- Securities and Futures (Institutional, Professional and Business Investors) Order 2005 was first recorded in 2001.
- How many regulations does Securities and Futures (Institutional, Professional and Business Investors) Order 2005 have?
- Securities and Futures (Institutional, Professional and Business Investors) Order 2005 contains 3 regulations.
- Where can I read the official version of Securities and Futures (Institutional, Professional and Business Investors) Order 2005?
- The official text of Securities and Futures (Institutional, Professional and Business Investors) Order 2005 is published at sso.agc.gov.sg.