Singapore legislation

Section 62

of Variable Capital Companies Act 2018

Section 62

Disclosure by director of interests in transactions, property, offices, etc.

(1)

Section 156 of the Companies Act 1967 applies to a director of a VCC as respects the VCC as it applies to a director of a company as respects the company, subject to section 5 and subsection (2).

(2)

For the purpose of subsection (1), the reference in section 156(4) of the Companies Act 1967 to a corporation which by virtue of section 6 of that Act is deemed to be related to the company is to a related corporation of the VCC.

Section 62 — Variable Capital Companies Act 2018 | laws.sg