Singapore legislation

Clause 29

of Companies (Amendment) Bill

Clause 29

Miscellaneous amendments

The following sections of the Companies Act are amended —

(a)

by inserting, immediately after the word “debentures”, the words “, or units of shares or debentures,”:sections 47(1) (2nd line) and (2), 52(1) (11th line), (2) (3rd and 4th lines), (2)(a) and (b) and (4)(a) and (b), 53(1) (3rd line), 106A(a) (1st line) and (b) (2nd and 4th lines), 106B(2)(a) (2nd line), 106C (23rd line), 106D(1) (2nd line), (1)(a), (2) (8th line of the definition of “advertisement”, last line of the definition of “information memorandum” and 2nd line of paragraph (b) of the definition of “sophisticated investor”) and (3) (3rd, 6th and 10th lines), 106E(3) and (4)(a), 106F(1) (2nd, 3rd and 4th and 5th lines) and 106I(2), (3) and (5);

(b)

by inserting, immediately after the word “debentures” in section 47(1) (penultimate line), the words “, or units of such shares or debentures,”;

(c)

by inserting, immediately after the words “debentures of” in sections 52(1) (2nd line) and 54(1) (2nd line), the words “, or units of shares in or debentures of,”;

(d)

by inserting, immediately after the word “debentures” in sections 52(1) (12th line) and 53(6)(a), the words “, or units of any shares or debentures,”;

(e)

by inserting, immediately after the word “debentures” in section 53(3) (1st line), the words “, or units of any shares or debentures”;

(f)

by inserting, immediately after the word “debenture” in section 53(3) (8th line), the words “, or unit of any share or debenture,”;

(g)

by inserting, immediately after the word “shares” in section 53(6)(b) (1st line), the words “or units of shares”; (h)by inserting, immediately after the word “debentures” in sections 106A(a) (last line) and (c), 106C(2) (1st and 2nd lines of paragraph (a) of the definition of “sophisticated investor”), 106E(6) (paragraph (a)(iii) of the definition of “advertisement”) and 106I(1) (penultimate line), the words “, or units of shares or debentures”; and

(i)

by inserting, immediately after the word “debentures” in sections 106G(1) (2nd and 8th lines) and (2)(a) and 106H (2nd line), the words “or units of debentures”.

Clause 29 — Companies (Amendment) Bill | laws.sg