Singapore legislation

Clause 2

of Companies (Amendment) Bill

Clause 2

Amendment of section 4

Section 4 of the Companies Act is amended —

(a)

by deleting paragraph (b) of the definition of “branch register” in subsection (1);

(b)

by deleting the definition of “financial year” in subsection (1) and substituting the following definition:“ “financial year” —

(a)

in relation to a corporation, means the period in respect of which the financial statements of the corporation is made up, whether that period is a year or not; and

(b)

in relation to a company, is also to be determined in accordance with section 198;”; and

(c)

by inserting, immediately after “155B(8),” in subsection (12), “359(9), 360(3),”.

Clause 2 — Companies (Amendment) Bill | laws.sg