Singapore legislation

Clause 4

of Financial Institutions (Miscellaneous Amendments) Bill

Clause 4

Amendment of Companies Act

Section 145(6) of the Companies Act (Cap. 50) is amended —

(a)

by deleting “54B,” and substituting “54,”;

(b)

by inserting, immediately after the words “Insurance Act (Cap. 142),”, the words “section 30AAI of the Monetary Authority of Singapore Act (Cap. 186), section 12A of the Money-changing and Remittance Businesses Act (Cap. 187),”; and

(c)

by deleting the words “or 97” and substituting the words “, 97 or 292A”.