Singapore legislation

Clause 15

of Companies (Amendment) Bill

Clause 15

Amendment of section 30

Section 30 of the Companies Act is amended —

(a)

by deleting the words “in writing” in the 1st line of subsection (2); (b)by deleting the words “certificate of incorporation” in the 7th and 8th lines, in the 11th and in the 14th lines of subsection (2) and in subsection (6) and substituting in each case the words “notice of incorporation”;

(c)

by deleting the word “certificate” in the 12th line of subsection (2) and substituting the word “notice”;

(d)

by inserting, immediately after subsection (3), the following subsection:“(3A) Upon the application of the company and payment of the prescribed fee, the Registrar shall issue to the company a certificate, under his hand and seal, confirming the incorporation of the company with the new status.”;

(e)

by deleting the words “statutory declaration by a director or secretary of the company” in the 1st and 2nd lines of subsection (4)(c)(ii) and substituting the words “declaration by or on behalf of a director or the secretary of the company, or a prescribed person authorised by the company,”; and

(f)

by deleting the words “or the secretary” in the 8th line of subsection (4)(c)(ii) and substituting the words “, secretary or prescribed person”.