Singapore legislation

Clause 56

of Variable Capital Companies (Miscellaneous Amendments) Bill

Clause 56

Amendment of section 154

Section 154 of the principal Act is amended —

(a)

by inserting, immediately after the words “Subject to”, the words “subsection (2) and”; and

(b)

by renumbering the section as subsection (1) of that section, and by inserting immediately thereafter the following subsections:“(2) A reference in section 392(3) of the Companies Act to the Registrar of Companies is to —

(a)

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

(b)

in the case of other provisions of the Act — the Registrar.(3) The reference in section 392(4) of the Companies Act to any other provision of that Act is to any other provision of that Act or the IRDA (as applicable) applied by this Act.”.

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