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 1 · Preliminary
4. When corporations related to each other
Feedback & supportFor the purposes of this Act, where a corporation —
corporation
Defined · s 2
“corporation” has the meaning given by section 4(1) of the Companies Act 1967 and (to avoid doubt) includes a VCC;
(a)
is the holding company of another corporation;
holding company
Defined · s 2
“holding company” has the meaning given by section 5 of the Companies Act 1967;
(b)
is a subsidiary of another corporation; or
subsidiary
Defined · s 2
“subsidiary” has the meaning given by section 5 of the Companies Act 1967;
(c)
is a subsidiary of the holding company of another corporation,then the firstmentioned corporation and the other corporation are treated as related to each other.