7.—(1) An approved company or the trustee of an approved trust fund, shall, within 4 months after the end of the basis period of the approved company or the trustee of the approved trust fund (in relation to his income as such trustee) or within such time as the Comptroller or the Monetary Authority of Singapore may specify, submit a declaration to the Monetary Authority of Singapore, in such form as the Comptroller or the Monetary Authority of Singapore may specify, that the following conditions have been met for the basis period:(a) | the conditions subject to which the company or trust fund had been approved as an approved company or trust fund for the purposes of section 13X of the Act; and | (b) | the conditions specified in regulation 3(2)(a), (c), (d) and (e). [S 382/2016 wef 14/07/2014] |
(2) The general partner or, if he is not personally present in Singapore, the attorney, agent, manager or factor of an approved limited partnership shall, within 4 months after the end of the last day of the period to which the account of the limited partnership is made up, or within such time as the Comptroller or the Monetary Authority of Singapore may specify, submit a declaration to the Monetary Authority of Singapore, in such form as the Comptroller or the Monetary Authority of Singapore may specify, that the following conditions have been met for the basis period:(a) | the conditions subject to which the limited partnership had been approved as an approved limited partnership for the purposes of section 13X of the Act; and | (b) | the conditions specified in regulation 3(2)(a), (c), (d) and (e). [S 295/2012 wef 07/07/2010] [S 382/2016 wef 14/07/2014] |
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(3) A company or the trustee of a trust fund, where the company or trust fund is the approved master fund of —(a) | an approved master-feeder fund structure mentioned in section 13X(1)(b) of the Act; | (b) | an approved master-feeder fund-SPV structure mentioned in section 13X(1)(c) of the Act; or | (c) | an approved master fund-SPV structure mentioned in section 13X(1)(d) of the Act, |
must, within 4 months after the end of the basis period of the company or the trustee of the trust fund (in relation to the trustee’s income as such trustee) or within such time as the Comptroller or the Monetary Authority of Singapore may specify, submit a declaration to the Monetary Authority of Singapore, in such form as the Comptroller or the Monetary Authority of Singapore may specify, that the conditions in paragraph (5) have been met for the basis period. |
[S 168/2017 wef 01/04/2015] |
(4) The general partner or, if the general partner is not personally present in Singapore, the attorney, agent, manager or factor of a limited partnership that is the approved master fund of —(a) | an approved master-feeder fund structure mentioned in section 13X(1)(b) of the Act; | (b) | an approved master-feeder fund-SPV structure mentioned in section 13X(1)(c) of the Act; or | (c) | an approved master fund-SPV structure mentioned in section 13X(1)(d) of the Act, |
must, within 4 months after the end of the period to which the account of the limited partnership is made up, or within such time as the Comptroller or the Monetary Authority of Singapore may specify, submit a declaration to the Monetary Authority of Singapore, in such form as the Comptroller or the Monetary Authority of Singapore may specify, that the conditions in paragraph (5) have been met for the period. |
[S 168/2017 wef 01/04/2015] |
(5) For the purposes of paragraphs (3) and (4), the conditions are as follows:(a) | where the approved master fund is the approved master fund of an approved master-feeder fund structure mentioned in section 13X(1)(b) of the Act —(i) | the conditions subject to which the master-feeder fund structure had been approved for the purposes of section 13X of the Act; and | (ii) | the conditions specified in regulation 3A(2)(a), (c), (d) and (e); [S 699/2020 wef 01/04/2015] |
| (b) | where the approved master fund is the approved master fund of an approved master-feeder fund-SPV structure mentioned in section 13X(1)(c) of the Act —(i) | the conditions subject to which the master-feeder fund-SPV structure had been approved for the purposes of section 13X of the Act; and | (ii) | the conditions specified in regulation 3B(2)(a), (b), (d), (e) and (f); |
| (c) | where the approved master fund is the approved master fund of an approved master fund-SPV structure mentioned in section 13X(1)(d) of the Act —(i) | the conditions subject to which the master fund-SPV structure had been approved for the purposes of section 13X of the Act; and | (ii) | the conditions specified in regulation 3C(2)(a), (b), (d), (e) and (f). [S 168/2017 wef 01/04/2015] |
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