Singapore legislation

Clause 87

of Companies Bill

Clause 87

Approval of trustees

(1)

The Minister may, subject to such terms and conditions as he thinks fit, grant his approval to a company acting as trustee or representative for the purposes of a deed.[Aust.s. 79.]

(2)

The Minister may, at any time, by reason of a breach of a term or condition subject to which the approval was granted or for any other reason, revoke an approval granted by him under this section.

Clause 87 — Companies Bill | laws.sg