Singapore legislation

Clause 73

Miscellaneous amendments — penalties

The Companies Act is amended —

(a)

by deleting the words “seven thousand five hundred dollars” in subsection (10) of section 64 and substituting the words “fifteen thousand dollars”;

(b)

by deleting the words “twenty-five dollars” in subsection (4) of section 154 and substituting the words “fifty dollars”;

(c)

by deleting the words “two hundred dollars” in subsection (4) of section 259 and substituting the words “eight hundred dollars”;

(d)

by deleting the words “fifteen thousand dollars” in subsection (1) of section 366 and substituting the words “thirty thousand dollars”;

(e)

by deleting the words “seven thousand five hundred dollars” in section 368 and substituting the words “fifteen thousand dollars”;

(f)

by deleting the words “fifty dollars” in subsection (1) of section 370 and substituting the words “two hundred dollars”;

(g)

by deleting the words “five hundred dollars” wherever they appear in the following sections and substituting in each case the words “two thousand dollars”:Sections 7(7), 7(8), 7(9), 9(2), 9(6), 10(6), 23(3), 27(6), 29(6), 36, 65(5), 66(2), 76(2), 112(3), 115(4), 149(3), 156(4), 165(7), 166(3), 167(6), 176(9), 178(3), 188(4), 233(3), 240(6), 260(10), 271(3), 272(8), 284(5), 301, 303(3) and 341(4);

(h)

by deleting the words “two thousand five hundred dollars” wherever they appear in the following sections and substituting in each case the words “five thousand dollars”:Sections 27(7), 27(8), 40(4), 40(6), 44(7), 44(8), 44(10), 45(2), 48(9), 49(2), 50(2), 51(3), 67(3), 94(1), 125(1), 131(9), 132(3)(b), 136(4), 151(7), 170(3), 173(2), 177(5), 208(3), 209(3), 209(4), 234(5), 257(4), 303(1), 363(5) and 365(2)(a);

(i)

by deleting the words “two hundred and fifty dollars” wherever they appear in the following sections and substituting in each case the words “one thousand dollars”:Sections 21(2), 58(5), 59(7), 62(5), 70(9), 75(7), 80(3), 80(6), 105(2), 107(2), 109(1), 110(2), 119(2), 120(2), 121(3), 141(7), 142(10), 154(3), 158(7), 159(3), 164(9), 175(3), 181(6), 186(3), 189(4), 190(5), 226(5), 243(4), 254(3), 272(3), 272(7), 280(4), 281(1), 307(2), 342(3), 349, 358(2) and 369(2);

(j)

by deleting the words “five thousand dollars” wherever they appear in the following sections and substituting in each case the words “ten thousand dollars”:Sections 37(3), 38(9), 39(4), 41(3), 47(1), 55(6), 69N(6), 171(1), 206(1), 300(1), 300(3), 302, 328(1), 364(2) and 364A(1);

(k)

by deleting the words “one thousand dollars” wherever they appear in the following sections and substituting in each case the words “two thousand dollars”:Sections 42(3) and 130(1);

(l)

by deleting the words “one thousand dollars” wherever they appear in the following sections and substituting in each case the words “four thousand dollars”:Sections 52(6), 54(7), 74(6), 80(3), 81(2), 124(4) and 174(9);

(m)

by deleting the words “three thousand dollars” wherever they appear in the following sections and substituting in each case the words “five thousand dollars”:Sections 69J(5), 69K and 69M(10);

(n)

by deleting the words “ten thousand dollars” wherever they appear in the following sections and substituting in each case the words “fifteen thousand dollars”:Sections 134(17), 135(9), 135A(2), 171(3) and 366(3);

(o)

by deleting the words “one hundred dollars” wherever they appear in the following sections and substituting in each case the words “four hundred dollars”:Sections 157(3), 160(4) and 283(2);

(p)

by deleting the words “hundred words” in section 157(2) and substituting the word “page”; and

(q)

by deleting the words “hundred words or fractional part” in section 160(3) and substituting the word “page”.

Read in full context — Companies (Amendment) Bill →