Interpretation of this Division
49FL.  In this Division, unless the context otherwise requires —
“business” includes affairs, property, right, obligation and liability;
“certificate” means a certificate of restructuring issued by the Minister under section 49FN(1);
“determination” means a determination of the Authority under section 49FM(1) or (2);
“effective controller” means a person who has effective control as defined in section 28(7);
[Act 11 of 2013 wef 18/04/2013]
“property” includes property, right and power of every description;
“subscriber” means any person to whom shares in a licensed insurer incorporated in Singapore are, or are to be, or are proposed to be, issued under this Division.
[16/2011 wef 01/05/2011]
[Act 11 of 2013 wef 18/04/2013]