Companies Act
(Chapter 50, Section 113a (4))
Companies (Designated Interest) (Unit Trust) Notification
N 7
G.N. No. S 562/1998

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[18th November 1998]
1.  This Notification may be cited as the Companies (Designated Interest) (Unit Trust) Notification.
Designated interest
2.  For the purposes of section 113A of the Act, there shall be designated as a “designated interest” any interest in a unit trust scheme or arrangement, which scheme or arrangement is made for the purpose, or having the effect, of providing facilities for the participation by persons as beneficiaries under a trust, in profits or income arising from the acquisition, holding, management or disposal of securities and any other property.
[G.N. No. S 562/98]