Singapore legislation
Clause 32
of Variable Capital Companies (Miscellaneous Amendments) Bill
Clause 32
Amendment of section 56
Section 56 of the principal Act is amended —
(a)
by deleting the words “section 291(1) of the Companies Act” in subsection (6)(a)(ii) and substituting the words “section 161(1) of the IRDA”;
(b)
by deleting the words “section 254(2) of the Companies Act” in subsection (6)(b) and substituting the words “section 125(2) of the IRDA”; and
(c)
by deleting the words “section 259 of the Companies Act” in subsection (9)(c) and substituting the words “section 130(1) of the IRDA”.