Singapore legislation

Clause 58

of Companies (Amendment) Bill

Clause 58

Amendment of section 401

Section 401 of the Companies Act is amended by inserting, immediately after subsection (2), the following subsection:“(2A) Any person who, for any purpose under this Act —

(a)

lodges or files with or submits to the Registrar any document; or (b)authorises another person to lodge or file with or submit to the Registrar any document, knowing that document to be false or misleading in a material respect, shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $10,000 or to imprisonment for a term not exceeding 2 years or to both.”.

Clause 58 — Companies (Amendment) Bill | laws.sg