Singapore legislation

Clause 206

Penalties

(1)

Any person who with intent to defeat the purposes of this Part or to delay or obstruct the carrying out of an investigation under this Part —

(a)

destroys or alters any book, document or record of or relating to a declared company; or

(b)

sends or attempts to send or conspires with any other person to send out of Singapore any such book, document or record or any property of any description belonging to or in the disposition or under the control of such a company,shall be guilty of an offence under this Act and shall be liable on conviction to imprisonment for a term not exceeding two years or to a fine not exceeding five thousand dollars.[Aust.s. 176.]

(2)

If in any prosecution for an offence against this section it is proved that the person charged with the offence —

(a)

has destroyed or altered any book, document or record of or relating to the company; or

(b)

has sent or attempted to send or conspired to send out of Singapore any book, document or record or any property of any description belonging to or in the disposition or under the control of the company,the onus of proving that in so doing he had not acted with intent to defeat the purposes of this Part or to delay or obstruct the carrying out of an investigation under this Part shall lie on him.

Read in full context — Companies Bill →