Singapore legislation
Section 386AA
Section 386AA
Application of this Part
(1)
This Part applies to —
all companies other than a company that is set out in the Fourteenth Schedule; and
all foreign companies registered under Division 2 of Part 11 other than a foreign company that is set out in the Fifteenth Schedule.
(1A)
Despite subsection (1), sections 386AG(6), 386AH(6), 386AI(6), 386AIA(3), 386AJ and 386AK apply to a person who is, or of whom there are reasonable grounds to believe is, a registrable controller of a company (other than a company that is set out in the Fourteenth Schedule) or foreign company (other than a foreign company that is set out in the Fifteenth Schedule), whether or not the person is —
a company that is set out in the Fourteenth Schedule; or
a foreign company that is set out in the Fifteenth Schedule.
(2)
The obligation to comply with this Part extends to all natural persons, whether resident in Singapore or not and whether citizens of Singapore or not, and to all entities, whether formed, constituted or carrying on business in Singapore or not.
(3)
This Part extends to acts done or omitted to be done outside Singapore.