Singapore legislation

Section 101

of Variable Capital Companies Act 2018

Section 101

Retention of documents laid before VCC at annual general meeting

(1)

Every VCC must cause to be kept at the VCC’s registered office, or such other place as the directors think fit —

(a)

a copy of each of the documents that was laid before the VCC at its annual general meeting under section 100, for a period of at least 5 years after the date of the annual general meeting; or

(b)

in respect of any financial year for which the VCC need not hold an annual general meeting because of section 78(1) —

(i)

a copy of the financial statements; or

(ii)

in the case of a VCC that is a parent company, a copy of the consolidated financial statements and balance sheet (including every document required by law to be attached to them),and a copy of the auditors’ report where such financial statements or consolidated financial statements are duly audited, that were sent to all persons entitled to receive notice of general meetings of the VCC in accordance with section 105(1) and (2), for a period of at least 5 years after the date on which the documents were sent.

(2)

Subject to section 5, section 201AA(2) to (5) of the Companies Act 1967 applies in relation to subsection (1) and any document kept or required to be kept under that subsection, as it applies in relation to section 201AA(1) of that Act and any document kept or required to be kept under that section.

Section 101 — Variable Capital Companies Act 2018 | laws.sg