Singapore legislation

Clause 7

of Companies Bill

Clause 7

Registrar of Companies, etc.

(1)

The Minister may appoint a Registrar of Companies and such Deputy Registrars, Assistant Registrars, clerks and servants as he thinks necessary for the proper administration of this Act and may remove any persons so appointed.[Aust.s. 7.]

(2)

Subject to the general direction and control of the Registrar and to such restrictions and limitations as may be prescribed, anything by this Act appointed or authorised or required to be done or signed by the Registrar may be done or signed by any such Deputy or Assistant Registrar and shall be as valid and effectual as if done or signed by the Registrar.

(3)

No person dealing with any Deputy or Assistant Registrar shall be concerned to see or inquire whether any restrictions or limitations have been prescribed, and every act or omission of a Deputy or Assistant Registrar so far as it affects any such person shall be as valid and effectual as if done or omitted by the Registrar.

(4)

All courts, judges and persons acting judicially shall take judicial notice of the seal and signature of the Registrar and of any Deputy or Assistant Registrar.

(5)

For the purpose of ascertaining whether a corporation or any officer of a corporation is complying with the provisions of this Act, the Registrar or any person authorised by the Minister may inspect any books, minute book, register or document required by or under this Act to be kept by the corporation.

(6)

No person shall make an inspection in pursuance of subsection (5) of this section unless he has made a declaration in the prescribed form and no person shall be authorised by the Minister to make any such inspection unless the Minister is satisfied that the person has an adequate knowledge of accounting principles and practice and of the provisions of this Act to enable him to make a proper inspection.

(7)

A person —

(a)

who makes an inspection in pursuance of subsection (5) of this section before he has made a declaration referred to in subsection (6) of this section; or

(b)

who after making such a declaration makes, except for the purposes of this Act, or in the course of any criminal proceedings, a record of, or divulges or communicates to any other person any information which he has acquired by reason of such an inspection,shall be guilty of an offence against this Act and shall be liable on conviction to a fine not exceeding five hundred dollars.

(8)

A corporation or any officer shall on being required by the Registrar or a person so authorised produce any such book, register or document and if any corporation or officer fails to do so he shall be guilty of an offence and shall be liable on conviction to a fine not exceeding five hundred dollars.

(9)

A corporation or any officer who obstructs or hinders the Registrar or person so authorised while exercising any of the powers referred to in subsection (5) of this section, shall be guilty of an offence and shall be liable on conviction to a fine not exceeding five hundred dollars.

(10)

The provisions of subsection (5) of this section shall not be construed as limiting or affecting any power to make any such inspection conferred on any person by any other written law.

(11)

There shall be paid to the Registrar —

(a)

the fees specified in the Second Schedule; and

(b)

such other fees as are prescribed.