Singapore legislation
Clause 194
Clause 194
Amendment of Companies Act 1967
(1)
Section 8G of the Companies Act 1967 is amended by deleting the words “sections 27 and 28 of the Monetary Authority of Singapore Act 1970” and substituting the words “sections 3 and 4 of the Financial Services and Markets Act 2022”.
(2)
Section 145(6) of the Companies Act 1967 is amended —
(a)
by inserting, immediately after the words “Financial Holdings Companies Act 2013,” in paragraph (b), the words “section 48 of the Financial Services and Markets Act 2022,”; and
(b)
by inserting, immediately after the words “Monetary Authority of Singapore Act 1970” in paragraph (b), the words “as in force immediately before the date of commencement of section 205 of the Financial Services and Markets Act 2022”.