Singapore legislation

Schedule “FIFTH SCHEDULE

of Consumer Protection (Fair Trading) (Amendment) Bill

Schedule “FIFTH SCHEDULE

EVENTS TO BE NOTIFIED TO BOARD

Section 9(15)EVENTS TO BE NOTIFIED TO BOARD1. The individual, as a sole proprietor, commences carrying on business as a supplier.

2. The individual is employed or ceases to be employed by a person who carries on a business as a supplier.

3. The individual becomes or ceases to be —

(a)

a director of a company which carries on a business as a supplier;

(b)

a partner in a partnership or limited partnership which carries on a business as a supplier; or

(c)

a partner or manager of a limited liability partnership which carries on a business as a supplier.

4. The individual becomes or ceases to be, legally or beneficially interested, whether directly or indirectly, in at least 15% of the total voting power or total issued shares in a company which carries on a business as a supplier.”.

Schedule “FIFTH SCHEDULE — Consumer Protection (Fair Trading) (Amendment) Bill