Singapore legislation

Clause 92

of Companies Bill

Clause 92

Register of interest holders

(1)

The management company shall in respect of each deed with which the company is concerned keep a register of the holders of interests under the deed and enter therein —

(a)

the names and addresses of the holders;

(b)

the extent of the holding of each holder and, if his interest consists of a specific interest in any property, a description of the property and its location sufficient to identify it;

(c)

the date at which the name of each person was entered in the register as a holder; and

(d)

the date at which any person ceased to be a holder.[Aust.s. 84.]

(2)

The provisions of Division 4 of Part V shall so far as are applicable and with such adaptations as are necessary apply to and in relation to the register.

(3)

A management company which —

(a)

keeps a register of holders of interests at a place within three miles of the office of the Registrar; and

(b)

provides reasonable accommodation and facilities for persons to inspect and take copies of its list of interest holders,need not comply with the provision of paragraph (a) of subsection (1) of section 93 in relation to the deed under which the interests are held unless the Minister by notice published in the Gazette otherwise directs.