Singapore legislation
Regulation 2
Regulation 2
Prescribed class of trusts
The class of trusts prescribed for the purposes of the definition of “designated trust” in section 32A(1) of the Act is the class of trusts that meets all of the following conditions:
(a)
the trust is established wholly or partly in respect of a telecommunication system (or any part thereof);
(b)
the telecommunication system mentioned in paragraph (a) is operated by a designated telecommunication licensee.