Singapore legislation

Clause 63

of Corporate and Accounting Laws (Amendment) Bill

Clause 63

Amendment of section 173A

In the Companies Act, in section 173A(1) —

(a)

in paragraph (a), delete “and” at the end; and

(b)

replace paragraph (b) with —“(b)within 14 days after any change in the appointment of any director, chief executive officer, secretary or auditor, particulars of any change in the information required to be contained in the register of directors, chief executive officers, secretaries or auditors mentioned in section 173(3), (5), (6) or (7) resulting from the change in the appointment;

(c)

within 14 days after any change in the information required to be contained in the register of directors, chief executive officers, secretaries or auditors mentioned in section 173(3), (5), (6) or (7), particulars of the change; and

(d)

within 14 days after the company becomes aware that a person has ceased to be qualified to act as a director of the company by virtue of section 148(1), 154(1), 155(1), 155A(1), 155C(1) or 155D(1), or by a disqualification order made by the Court under section 149, 149A or 154(2) (whether or not the company becomes aware of that fact due to the person notifying the company of that fact in accordance with section 173E(1)(a)), the following information:

(i)

the fact that the person has ceased to be qualified to act as a director of the company;

(ii)

the provision of this Act under which the person ceased to be qualified to act as a director of the company or the disqualification order was made;

(iii)

the date on which the person ceased to be qualified to act as a director of the company.”.

Read in full context — Corporate and Accounting Laws (Amendment) Bill →