Singapore legislation

Clause 18

of Variable Capital Companies (Miscellaneous Amendments) Bill

Clause 18

Amendment of section 3

Section 3 of the principal Act is amended —

(a)

by deleting the words “section 130(13)” in subsection (1)(b) and substituting the words “section 130(12)”;

(b)

by deleting the words “section 254(1) of the Companies Act because of section 130(8)” in subsection (1)(c) and substituting the words “section 125(1) of the IRDA because of section 130(6)”;

(c)

by deleting the words “section 254(1) of the Companies Act” in subsection (2)(c) and substituting the words “section 125(1) of the IRDA”;

(d)

by deleting the words “paragraph 14” in subsection (2)(c) and substituting the words “paragraph 18”; and

(e)

by deleting the words “paragraph 19” in subsection (2)(d) and substituting the words “paragraph 28”.

Read in full context — Variable Capital Companies (Miscellaneous Amendments) Bill →