Singapore legislation

Clause 14

of Variable Capital Companies Bill

Clause 14

VCC auditors

(1)

Subject to section 5 and subsection (2), section 10 of the Companies Act applies in relation to a VCC as it applies in relation to a company.

(2)

A reference in section 10(2) of the Companies Act to a report required to be prepared by an auditor of a company under that Act is to a report required to be prepared by an auditor of a VCC under this Act (including under a provision of the Companies Act applied by this Act).