Singapore legislation
Clause 7
Clause 7
Amendment of section 27
Section 27 of the Companies Act is amended —
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 —
without contravention of subsection (1) in the case of a company (whether originally or upon change of name); and
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.”;
by deleting the words “or foreign company” in the second line of subsection (14); and
by deleting the words “, company or foreign company” in the third line of subsection (14) and substituting the words “or company”.