Singapore legislation

Clause 56

of Corporate and Accounting Laws (Amendment) Bill

Clause 56

Amendment of section 154

In the Companies Act, in section 154(1)(a) —

(a)

in sub‑paragraph (ii), delete “or” at the end; and

(b)

after sub‑paragraph (ii), insert —“(iii)an offence under section 50, 51, 53, 54, 55 or 55A of the Corruption, Drug Trafficking and Other Serious Crimes (Confiscation of Benefits) Act 1992, where the conviction is on or after the date of commencement of section 56 of the Corporate and Accounting Laws (Amendment) Act 2025; or”.