Singapore legislation
Clause 99
Clause 99
Amendment of section 396A
In the Companies Act, in section 396A, replace subsection (1) with —“(1) A company must ensure that every company record that is by this Act required to be available for inspection is, subject to and in accordance with this Act, available for inspection —
for 2 or more hours during the period between 9 a.m. and 6 p.m. of each business day; and
at the place, where, in accordance with this Act, the company record is to be kept.(1A) A person who wishes to inspect any record of a company and is permitted to do so by this Act must give to the company reasonable notice of the person’s intent.(1B) Subsection (1A) does not limit the right of any person to inspect or obtain any company record pursuant to any of the following:
a direction given by the Minister under section 8A(1)(a);
a requirement by a person authorised by the Minister, under section 8A(1)(b) or (2);
a warrant issued by a Magistrate under section 8B(1);
a request or requirement by the Registrar under section 131(1A) or 164(10);
a requirement by the Minister under section 149(4)(b);
an order by the Court under section 199(5);
a requirement by the Registrar or an authorised officer under section 201AA(3);
a requirement by an inspector under section 236 or section 236 (read with section 243(5));
a requirement imposed under section 236 by a person authorised by an inspector under section 239(1);
a requirement imposed under section 236 (read with section 243(5)) by a person authorised by an inspector under section 239(1) (read with section 243(5));
a requirement by the Minister under section 244(1);
an exercise by the Registrar or an officer of the Authority of his or her power under section 386AM(1) or (2);
an order by the Court under section 394(1).”.