Singapore legislation

Clause 21

of Economic Development Board (Amendment) Bill

Clause 21

Amendment of Schedule

The existing Schedule to the principal Act is amended —

(a)

by deleting the words “an approved company auditor under the Companies Act (Cap. 50)” in paragraph 4 and substituting the words “a public accountant who is registered or deemed to be registered under the Accountants Act (Cap. 2)”;

(b)

by inserting, immediately after “$1,000” in paragraph 10, the words “and, in the case of a continuing offence, to a further fine not exceeding $250 for every day or part thereof during which the offence continues after conviction”; and

(c)

by renaming the Schedule as the Second Schedule.