DBU operations definition

DBU operations. , in relation to a bank, means any operations of the bank in Singapore, other than operations of the Asian Currency Unit;
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DBU operations. , in relation to a bank, means any operations of the bank in Singapore, other than operations of an Asian Currency Unit approved under section 77 of the Act;
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DBU operations. , in relation to a bank, means any operations of the bank in Singapore, other than operations of the Asian Currency Unit;[Deleted by MAS Notice 639 (Amendment) 2020]
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Related to DBU operations

  • Branch operations means any business operations of a branch captive insurance company in this State.

  • Production Operations means all operations conducted for the purpose of producing Petroleum from the Development Area after the commencement of production from the Development Area including the operation and maintenance of all necessary facilities therefor.

  • Business operations means engaging in commerce in any form, including by acquiring, developing, maintaining, owning, selling, possessing, leasing, or operating equipment, facilities, personnel, products, services, personal property, real property, or any other apparatus of business or commerce.

  • Mining Operations means obtaining or extracting any mineral by any mode or method or any purpose directly or indirectly connected therewith or incidental thereto, including—

  • Exploration Operations means any operations carried out for or in connection with the exploration for minerals, and includes -