Companies Act 1967 · 2020 Revised Edition · Part 5 · Management and Administration
158. Disclosure of company information by certain directors
Last amended by an amending law of 2014.
Official textFrom Singapore Statutes Online, unchanged
A director of a company may disclose information which the director has in his or her capacity as a director or an employee of a company, being information that would not otherwise be available to him or her, to the persons specified in subsection (2) if such disclosure is not likely to prejudice the company and is made with the authorisation of the board of directors.
director
“director” includes any person occupying the position of director of a corporation by whatever name called and includes a person in accordance with whose directions or instructions the directors or the majority of the directors of a corporation are accustomed to act and an alternate or substitute director;
The information referred to in subsection (1) may be disclosed to —
a person whose interests the director represents; or
a person in accordance with whose directions or instructions the director may be required or is accustomed to act in relation to the director’s powers and duties.
The authorisation mentioned in subsection (1) may be conferred in respect of disclosure of —
all or any class of information; or
only such information as may be specified in the authorisation.
Terms defined in s 4
company
Defined · s 4“company” means a company incorporated under this Act or under any corresponding previous written law;
director
Defined · s 4“director” includes any person occupying the position of director of a corporation by whatever name called and includes a person in accordance with whose directions or instructions the directors or the majority of the directors of a corporation are accustomed to act and an alternate or substitute director;
Part 6
Financial Statements and Audit
Part 7
Arrangements, Reconstructions and Amalgamations
Part 8
Part 8A
Part 9
Investigations
Part 10
Dissolution
Part 10A
Transfer of Registration
Part 11
Various Types of Companies, Etc.
Part 11A
Register of Controllers, Nominee Directors and Nominee Shareholders of Companies
Part 12