Clause 20

by deleting subsection (1) and substituting the following subsections:“(1) Nothing in this Part shall affect the operation of the Companies Act (Cap. 50), and the provisions of this Part shall apply with the provisions of the Companies Act.(1A) In the case of a conflict between any provision of the Companies Act and any provision in this Part, the provision in this Part shall prevail unless otherwise expressly provided in this Part.”; and

by deleting subsection (4) and substituting the following subsections:“(4) Such provisions of any other written law having effect in relation to solicitors or law firms or limited liability law partnerships as may be prescribed, shall have effect in relation to law corporations with such prescribed modifications as may be necessary or expedient; and such provisions shall be construed accordingly.(5) In this section, references to this Part include references to rules made under section 81N.”.