Singapore legislation

Clause 51

of Companies (Amendment) Bill

Clause 51

Amendment of section 218

Section 218 of the Companies Act is amended —

(a)

by deleting the word “or” at the end of paragraph (k) of subsection (1); and

(b)

by deleting the full-stop at the end of paragraph (l) of subsection (1) and substituting the word “; or”, and by inserting immediately thereafter the following paragraph:“(m)the company is being used for an unlawful purpose or for purposes prejudicial to public peace, welfare or good order in Singapore or against national security or interest.”.