Singapore legislation

Clause 61

of ACRA (Registry and Regulatory Enhancements) Bill

Clause 61

Amendment of section 18

In the LP Act, in section 18, after subsection (7), insert —“(8) A statement lodged on or after the date of commencement of section 61 of the ACRA (Registry and Regulatory Enhancements) Act 2024 —

(a)

in relation to the appointment of a new partner for the purposes of subsection (1)(a), must contain the particulars mentioned in section 11(1)(e) as in force when the statement is lodged, despite the new partner having been appointed before the date of commencement; and

(b)

in relation to the appointment of a new local manager for the purposes of subsection (1)(b), must contain the particulars mentioned in section 11(1)(h) as in force when the statement is lodged, despite the new local manager having been appointed before the date of commencement.”.

Read in full context — ACRA (Registry and Regulatory Enhancements) Bill →