No. S 293
Companies (Central Depository System) (Section 130D — Supplementary Provisions for Business Trusts) Regulations 2006
In exercise of the powers conferred by section 130P(j) of the Companies Act, the Minister for Finance hereby makes the following Regulations:
1. These Regulations may be cited as the Companies (Central Depository System) (Section 130D — Supplementary Provisions for Business Trusts) Regulations 2006 and shall come into operation on 2nd June 2006.
2. Where book-entry securities relating to units in any business trust within the meaning of the Securities and Futures Act (Cap. 289) are deposited with the Depository or its nominee —
the Depository or its nominee (as the case may be) shall be deemed not to be a holder of the book-entry securities; and
the persons named as the depositors in a Depository Register shall, for such period as the book-entry securities are entered against their names in the Depository Register, be deemed to be holders of the amount of the book-entry securities entered against their respective names in the Depository Register.
[MOF A11.5.2; AG/LEG/SL/50/2005/5 Vol. 1]