In force1985 Revised EditionCurrent version · 1985 Revised EditionSee versions on Singapore Statutes Online(opens the publisher’s site)
32. Restriction on holding of shares
Feedback & supportNo member of a trust company shall at any time hold shares in the capital of the company to an amount exceeding one fifth of the issued capital of the company for the time being.
trust company
Defined · s 2
“trust company” means a company registered as a trust company under this Act.