Transfer date and designation of companies
3.—(1)  The transfer date shall be such date as the Minister may, by notification in the Gazette (G.N. No. S 524/99) — Transfer Date., appoint**.
*  1st December 1999
(2)  The Minister may, by notification in the Gazette, designate†—
†  (a) transferee holding company — Singapore Exchange Limited.
(b) special purpose company — SEL Holdings Pte Ltd (see G.N. No. S 525/99 — with effect from 1st December 1999).
(a)a public company incorporated in Singapore to be the transferee holding company for the purposes of this Act; and
(b)a company incorporated in Singapore to be the special purpose company for the purposes of this Act.