Singapore legislation

Section 155E

of Companies Act 1967

Section 155E

Debarment under VCC Act

Amended by28/201928/201928/2019

(1)

A person who has a debarment order made against him or her under section 59 of the VCC Act must not —

(a)

except in respect of a company of which the person is a director immediately before the order was made — act as director of any company; or

(b)

except in respect of a company of which the person is a secretary immediately before the order was made — act as secretary of any company.

Amended by28/2019

(2)

Subsection (1) applies from the date that the debarment order is made until such time as the Registrar cancels or suspends the order.

Amended by28/2019

(3)

Any person who contravenes subsection (1) shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $10,000 or to imprisonment for a term not exceeding 2 years or to both.

Amended by28/2019