Companies Act - Singapore Statutes Online

Interpretation

209A. In this Part, unless the contrary intention appears —

“consolidated accounts”, in relation to a holding company, means —

(a)	a set of consolidated accounts for the group of companies of that holding company; or
(b)	the accounts or consolidated accounts prepared in compliance with the Accounting Standards;

“group of companies”, in relation to a holding company, means the holding company and the corporations that are subsidiaries of the holding company;

“holding company” means a corporation that is the holding company of another corporation;

“profit or loss” means —

(a)	in relation to a corporation that is not a holding company — the profit or loss resulting from operations of that corporation;
(b)	in relation to a corporation that is a holding company of a group of companies for which consolidated accounts are required — the profit or loss resulting from operations of that corporation;
(c)	in relation to a corporation referred to in paragraph (b) and its subsidiaries — the profit or loss resulting from operations of the group of companies of which the corporation is the holding company; and
(d)	in relation to a corporation that is a holding company of a group of companies for which consolidated accounts are not required — the profit or loss resulting from operations of that corporation. [13/87; 12/2002]

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