(1) In this notice, unless the context otherwise requires,—
aggregate capacity means a trustee capacity in which the trustee corporation is acting as a trustee of a unit trust, group investment fund, or superannuation scheme; but does not include a trustee capacity if—
Code means the Takeovers Code approved by the Takeovers Code Approval Order 2000 (SR 2000/210)
excluded associate, in relation to a trustee corporation, means a person who is an associate of the trustee corporation solely by virtue of the trustee corporation acting in 1 or more trustee capacities (other than any aggregate capacity)
manager, in relation to a trust, means a manager, an investment manager, or an administration manager of the trust, or a person acting in any similar capacity in relation to the trust, if that manager, investment manager, administration manager, or person in effect makes any determination as to how voting rights held or controlled by the trustee corporation in respect of the trust are exercised
non-associate, in relation to a person, means any person who is not an associate of the person
passive index fund means a trust that—
personal capacity means any capacity in which a person is acting other than in a trustee capacity
related capacity, in relation to a trustee capacity (the first capacity), means—
trust means any arrangement in which a trustee corporation is acting in a trustee capacity
trustee capacity, in relation to a person, means a capacity in which the person is acting in its ordinary course of business as—
(a) a trustee of a unit trust, group investment fund, superannuation scheme, or charitable trust; or
(b) a trustee, agent, or nominee for any person, estate of a deceased person, or purpose; or
trustee corporation means—
unrelated capacity, in relation to a trustee capacity, means any capacity that is not a related capacity.
(3) Any term or expression that is defined in the Act or the Code and used, but not defined, in this notice has the same meaning as in the Act or the Code.