Singapore legislation

Clause 6

of Statutes (Miscellaneous Amendments and Repeal) Bill

Clause 6

Amendment of Companies Act

Section 106D of the Companies Act (Cap. 50, 1994 Ed.) is amended by inserting, immediately after the word “debentures,” in the 1st and 2nd lines of paragraph (a) of the definition of “sophisticated investor”, the words “or units of shares or debentures,”.