Singapore legislation

Clause 7

of Companies (Amendment) Bill

Clause 7

Amendment of section 27

Section 27 of the Companies Act is amended —

(a)

by deleting subsection (12) and substituting the following subsection:“(12) If the Registrar is satisfied as to the bona fides of the application and that the proposed company, company or foreign company could be registered —

(a)

without contravention of subsection (1) in the case of a company (whether originally or upon change of name); and

(b)

without contravention of section 378 in the case of a foreign company (whether originally or upon change of name),he shall reserve the proposed name for a period of two months from the date of the lodging of the application.”;

(b)

by deleting the words “or foreign company” in the second line of subsection (14); and

(c)

by deleting the words “, company or foreign company” in the third line of subsection (14) and substituting the words “or company”.