In force2020 Revised EditionCurrent version · 2020 Revised EditionSee versions on Singapore Statutes Online(opens the publisher’s site)
Variable Capital Companies Act 2018 · 2020 Revised Edition · Part 4 · Sub-Funds
31. Cross sub-fund investment
Feedback & supportDespite any written law or rule of law to the contrary, an umbrella VCC may, for the account of any of its sub‑funds and in accordance with regulations made under section 165, acquire by subscription or transfer for consideration, shares of any class or classes (however described) that are issued in respect of other sub‑funds of the VCC.
umbrella VCC
Defined · s 2
“umbrella VCC” means a VCC the constitution of which provides that it consists of, or is to consist of, 2 or more collective investment schemes, or words to that effect;