Singapore legislation

Section 196C

of Companies Act 1967

Section 196C

Application of sections 194 and 195

Amended by36/201436/2014

(1)

Section 194 applies in respect of the electronic register of members of a private company required to be kept by the Registrar under section 196A as if a reference to a register under section 194 referred to the electronic register of members of the private company in question.

Amended by36/2014

(2)

Section 195 applies in respect of the electronic register of members of a private company required to be kept by the Registrar under section 196A but with the following modifications:

(a)

a reference to a register under section 194 refers to the electronic register of members of the private company in question;

(b)

the reference to any branch register were omitted;

(c)

the company is required to notify the Registrar of any request made by a trustee under section 195(3) for the relevant shares to be marked in the electronic register of members as to identify the shares being held in respect of a trust within 14 days after the request.

Amended by36/2014