Singapore legislation
Regulation 11
of Trustees (Transparency and Effective Control) Regulations 2017
Regulation 11
Circumstances in which effective controller considered as ultimately owning, etc., relevant party
Amended byS 249/2023 wef 31/12/2021
For the purposes of Part 7 of the Act and these Regulations, the circumstances in which an effective controller of a relevant party is considered as —
(a)
ultimately owning the relevant party;
(b)
ultimately controlling the relevant party; or
(c)
exercising ultimate effective control over the relevant party,are specified in the Second Schedule.