| Companies Act |
(Chapter 50, Section 113a (4))
| Companies (Designated Interest) (Unit Trust) Notification |
| N 7 |
| G.N. No. S 562/1998 |
| REVISED EDITION 2000 |
| ( ) |
| [18th November 1998] |
| Citation |
| 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] |