Singapore legislation

Clause 179

of Companies (Amendment) Bill

Clause 179

Amendment of section 411

Section 411 of the Companies Act is amended —

(a)

by deleting paragraph (e) and substituting the following paragraphs:“(e)prescribing the fees payable for the purposes of this Act, including but not limited to fees for —

(i)

the lodgment or registration of any document required to be lodged or registered with the Registrar;

(ii)

the issue of any document by the Registrar;

(iii)

any act required to be performed by the Registrar; or

(iv)

the inspection of any document referred to in sub‑paragraphs (i) and (ii);

(ea)prescribing the fees payable in respect of any of the following required or permitted under any other Act:

(i)

the lodgment or registration of any document with the Registrar;

(ii)

the issue of any document by the Registrar;

(iii)

the performance of any act by the Registrar; and

(iv)

the inspection of any document referred to in sub‑paragraphs (i) and (ii);

(eb)prescribing the penalties payable for the late lodgment of any document;

(ec)prescribing the manner in which prescribed fees and penalties are to be paid;

(ed)the waiver, refund or remission, whether wholly or in part, of any fee or penalty chargeable under this Act;

(ee)prescribing all matters connected with or arising from the restrictions under this Act as to the reservation or registration of names of companies and foreign companies (including rules for determining when a name falls within those restrictions);”; and

(b)

by renumbering the section as subsection (1) of that section, and by inserting immediately thereafter the following subsection:“(2) The regulations may provide that a contravention of a specified provision of the regulations shall be an offence.”.