Singapore legislation
Clause 72
Clause 72
Miscellaneous amendments
The Companies Act is amended —
by deleting the words “7 days” in sections 82(2)(b), 83(2), 84(2) and 86(2)(b) and substituting in each case the words “2 days”;
by deleting “$5,000” and “6 months” in section 148(1) and substituting “$10,000” and “2 years” respectively;
by deleting “$2,000” and “6 months” in section 154(1) and substituting “$10,000” and “2 years” respectively;
by deleting “$1,000” in sections 142(2), 143(2) and 173(7) and substituting in each case “$5,000”;
by inserting, immediately after the word “offence” in section 175(4)(a), the words “and shall be liable on conviction to a fine not exceeding $5,000 and also to a default penalty”;
by deleting “$2,000” in section 197(7) and substituting “$5,000”;
by deleting “$500” in section 254(2)(a) and substituting “$2,000”;
by deleting “$750” in section 256(3) and substituting “$3,000”;
by deleting “$200” in section 274(2) and substituting “$1,000”;
by deleting “$50” in section 336(1)(c)(i) and (ii) and substituting in each case “$200”; and
by deleting “$500” in section 351(2)(a) and substituting “$2,000”.