“approved container investment enterprise” or “ACIE” —
(a)
means a container investment enterprise approved under section 43ZA of the Act; and
(b)
includes a partnership approved by the Minister (or a person appointed by the Minister) under section 43ZA of the Act as applied by section 36 of the Act;
“approved related party”, in relation to an ACIE, means any company or partnership —
(a)
that is a related party of the ACIE and approved by the Minister or a person appointed by the Minister under paragraph 3(1); or
(b)
that is deemed under paragraph 3(3) to have been approved as such by the Minister or appointed person under paragraph 3(1);
“container” has the meaning given by section 43ZA(7) of the Act;
“related party”, in relation to an ACIE, means a company or partnership —
(a)
that is a related party of the ACIE in accordance with the Income Tax (Related Party of Approved Container Investment Enterprise under Section 43ZA) Rules 2021 (G.N. No. S 875/2021); or
(b)
that is approved by the Minister to be a related party of the ACIE for the purposes of section 43ZA of the Act.