Singapore legislation
Section 41
Section 41
Application of other provisions of Division 7 of Part 4 of Companies Act 1967
(1)
Subject to section 5, section 122 of the Companies Act 1967 applies in relation to a VCC’s shares as it applies in relation to a company’s shares, except that the reference in section 122(2)(b) to section 123 of that Act is to section 39.
(2)
Subject to section 5, sections 124 and 125 (except subsection (3)) of the Companies Act 1967 apply in relation to a VCC and any certificate or other document of title to shares or debentures of a VCC, as they apply in relation to a company and any certificate or other document of title to shares or debentures of a company.