Singapore legislation

Clause 4

of Companies (Amendment) Bill

Clause 4

Amendment of section 12

Section 12 of the Companies Act is amended —

(a)

by inserting, immediately after subsection (2), the following subsection:“(2A) Subsection (2) shall not apply to such exempt private company that is wholly owned by the Government as the Minister may, by notification in the Gazette, specify where he considers that it would not be in the public interest for —

(a)

any document relating to any such company maintained by the Registrar in whatever form to be inspected by any member of the public; and

(b)

any certificate or copy of or extract from any document relating to any such company to be given or certified to any member of the public.”;

(b)

by inserting, immediately after the word “microfilm” in the second line of subsection (3), the words “or electronic medium”;

(c)

by deleting the word “person” in the first line of subsection (6) and substituting the word “party”; and

(d)

by deleting subsection (7) and substituting the following subsection:“(7) The Registrar may, if in his opinion it is no longer necessary or desirable to retain any document which has been microfilmed or converted to electronic form, destroy or give it to the National Archives and Records Centre.”.

Clause 4 — Companies (Amendment) Bill | laws.sg