Singapore legislation

Clause 51

of Variable Capital Companies (Miscellaneous Amendments) Bill

Clause 51

Amendment of section 144

Section 144(1) of the principal Act is amended —

(a)

by inserting, immediately after the words “a provision of the Companies Act” wherever they appear, the words “or the IRDA”; and

(b)

by deleting the full‑stop at the end of paragraph (c) and substituting a semi‑colon, and by inserting immediately thereafter the following paragraphs:“(d)a reference in section 401(2A) of the Companies Act to the Registrar of Companies is to the Registrar;

(e)

the reference in section 407(1)(c) of the Companies Act to any provision of that Act is to any provision of that Act or the IRDA (as applicable) applied by this Act;

(f)

a reference in section 409(1) or (8) of the Companies Act to the Registrar of Companies is to —

(i)

in the case of section 33 and Parts 10 and 11 other than section 130B — the Registrar or Official Receiver; or

(ii)

in the case of other provisions of the Act — the Registrar;

(g)

a reference in section 409A(1), (2) or (7) of the Companies Act to the Registrar of Companies is to —

(i)

in the case of section 33 and Parts 10 and 11 other than section 130B — the Official Receiver; or

(ii)

in the case of other provisions of the Act — the Registrar.”.

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