Singapore legislation

Clause 3

of Companies (Amendment) Bill

Clause 3

Amendment of section 8

Section 8(7) of the Companies Act is amended —

(a)

by deleting the word “and” at the end of paragraph (a); and

(b)

by deleting the full‑stop at the end of paragraph (b) and substituting a semi‑colon, and by inserting immediately thereafter the following paragraphs:“(c)the Fourteenth Schedule in relation to the list of companies to which Part XIA does not apply; (d)the Fifteenth Schedule in relation to the list of foreign companies registered under Division 2 of Part XI to which Part XIA does not apply; and

(e)

the Sixteenth Schedule in relation to the meanings of “significant control” and “significant interest”.”.