Singapore legislation

Clause 137

of Corporate and Accounting Laws (Amendment) Bill

Clause 137

Amendment of section 70

In the VCC Act, in section 70, replace paragraph (b) with —“(b)the reference in section 172B(1)(b)(ii) of the Companies Act 1967 to a company that is deemed to be related to the company by virtue of section 6 of that Act is to a company that is a related corporation of the VCC.”.