Singapore legislation

Clause 19

of Companies, Business Trusts and Other Bodies (Miscellaneous Amendments) Bill

Clause 19

Amendment of section 114

In the Business Trusts Act, in section 114(2), after paragraph (c), insert —“(ca)the regulation of the use of virtual meeting technology for meetings held in the manner described in section 52R(2)(b) or (c), including —

(i)

restricting or mandating the types of virtual meeting technology that may be used;

(ii)

restricting the means by which voting may be carried out, or mandating how voting may be carried out, using virtual meeting technology;

(iii)

imposing record keeping and auditing requirements in respect of the use of virtual meeting technology;

(iv)

imposing requirements relating to the verification or authentication of the identities of persons attending meetings using virtual meeting technology; and

(v)

mandating the notices and documents (including physical notices and documents) to be sent to persons attending or eligible to attend a meeting using virtual meeting technology;”.