Definition of “business trust”
Universal
A business trust is a business enterprise structured as a trust. A business trust (“BT”) is a business enterprise structured as a trust....
Showing 3926 Documents for "business trust"
Filter by
Sort by
- MAS
- Notices
Last revised date:
- Requirements for scheme members to submit their asset maintenance ratio for deposit insurance. This notice applies to Deposit Insurance Scheme members. It sets out the requirements for Scheme members to submit returns relating to their deposit insurance asset maintenance ratio and insured deposit base. Amendment Notes 31 Dec 2018 Notice DIA-N01 (Amendment) 2018 (727.9 KB) takes effect. 01 Jan 2017 Notice DIA-N01 (Amendment) 2016 takes effect. 01 May 2011 Notice DIA–N01 dated 5 January 2006 is cancelled
- MAS
- Forms and Templates
Last revised date:
- Where the Corporation is a holder of a trust business licence, this Form, together with all supporting documents, should be submitted via email to its officer-in-charge in the Authority: in machine-readable format (e.g. MS word), and in a single password-protected zip file.
- Where the Corporation is applying for a trust business licence, this Form, together with Form 1 and all supporting documents, should be submitted to : in machine-readable format (e.g. MS Word), and in a single password-protected zip file. The file extension must be .zip, using 7zip or winzip.
- MAS
- Speeches
Last revised date:
- BT is thus well suited for businesses with stable cash flows but large capital depreciation expenses. The BT structure is widely used in jurisdictions such as Australia, Canada and the US.
- A BT is created by a trust deed under which the trustee has legal ownership of the assets of the business enterprise and manages the business for the benefit of the beneficiaries of the trust. 17 One key characteristic of BT framework to note is that it allows for distributions to be paid out of cash
- The BT regime is a natural extension to the S-REIT framework to allow owners of infrastructure assets to tap into yield sensitive investor pools in Asia and the global markets.
- MAS
- Media Releases
Last revised date:
- Business Trusts Bill (204.4 KB)
- Publications-> MAS Consultation Papers -> Consultation Paper on Regulation of Business Trusts">http://www.mas.gov.sg-> Publications-> MAS Consultation Papers -> Consultation Paper on Regulation of Business Trusts (578.2 KB) Consultation Paper on Regulation of Business Trusts (395.4 KB) Annex 1: Draft
- A draft Business Trusts Bill, incorporating the proposals on the governance of BTs, has been formulated and is attached to the consultation paper. MAS seeks comments on both the policy issues highlighted in the consultation paper, and the draft Business Trusts Bill.
- MAS
- Acts
Last revised date:
- Trustee-manager of a listed business trust (BT). Responsible person for a listed real estate investment trust (REIT).
- of the BT/REIT By: Trustee-manager of a listed BT Responsible person of a listed REIT To: Investors via SGXNet announcement (i.e.
- in the voting units in the business trust'.
- MAS
- Forms and Templates
Last revised date:
- TRUST COMPANIES ACT 2005 TRUST COMPANIES (EXEMPTION) REGULATIONS 2005 FORM 9 NOTICE OF CHANGE OF PARTICULARS EXEMPTED FROM HOLDING A TRUST BUSINESS LICENCE UNDER SECTION 15(1)(a), 15(1)(b), OR REGULATION 4(1)(b)(iv) NOTICE OF CHANGE OF PARTICULARS EXEMPTED FROM HOLDING A TRUST BUSINESS LICENCE
- For the purposes of this Form exempt person refers to a person exempt from holding a trust business licence under section 15(1)(a) or 15(1)(b) of the Trust Companies Act (the Act) or regulation 4(1)(b)(iv) of the Trust Companies (Exemption) Regulations 2005 (the Regulations).
- UNDER SECTION 15(1)(a), 15(1)(b), OR REGULATION 4(1)(b)(iv) Explanatory Notes Explanatory Notes For the purposes of this Form exempt person refers to a person exempt from holding a trust business licence under section 15(1)(a) or 15(1)(b) of the Trust Companies Act (the Act) or regulation 4(1)
- MAS
- Consultations
Last revised date:
- Proposed enhancements to the requirements for OTCD margined derivatives such as contracts for differences and leveraged foreign exchange contracts, offered to retail investors. Enhancements included higher margins and disclosures to investors. Response VIEW DOCUMENT Response to Feedback: Consultation on Review of Regulatory Framework for Unlisted Margined Derivatives Offered to Retail Investors (323.2 KB) Consultation Paper VIEW DOCUMENT Consultation Paper On Review of Regulatory Framework for Unlisted
- MAS
- Consultations
Last revised date:
- , any prohibited business; (3) Despite subsection (2), the Authority may, in a particular case that comes within that subsection, grant its approval if it is satisfied that approval should be granted by reason of the exceptional circumstances of the case
- carries on, whether as its principal business or otherwise, any prohibited business; or (C) interest in a trust whose trust property in interest includes any subparagraph (i)(A) or (ii)(B); or referred to (ii) the trustee carries on, for and on behalf of the trust
- MAS
- Forms and Templates
Last revised date:
- BUSINESS TRUSTS ACT (CHAPTER 31A) BUSINESS TRUSTS REGULATIONS 2010 NOTICE TO NON-ASSENTING UNITHOLDER UNDER SECTION 40A(4)(a) FORM 5 In this notice Name of Business Trust: ______________________________________________________ To __________________________ of ___
- The transferee hereby gives you notice, pursuant to section 40A(4)(a) of the Business Trusts Act, that those units together with such other units in the subject trust as were held by the the *__________________________ units in the subject trust.
- + State briefly the nature of the offer. ++ State the amount of units transferred. ** Refer to section 40A(10) of the Business Trusts Act for guidance on what is considered as units in the subject trust already held by the transferee. -------- FORM 5 CONTINUATION SHEET 1 FORM 5 Name of
- MAS
- Forms and Templates
Last revised date:
- Trustee-manager of a listed business trust (BT). Responsible person for a listed real estate investment trust (REIT).
- of the BT/REIT By: Trustee-manager of a listed BT Responsible person of a listed REIT To: Investors via SGXNet announcement (i.e.
- in the voting units in the business trust'.