Singapore legislation

Section 386AB

of Companies Act 1967

Section 386AB

Interpretation of this Part

Amended byAct 23 of 2024 wef 16/06/2025Act 23 of 2024 wef 16/06/202515/2017

In this Part, unless the context otherwise requires —“approved exchange” means an approved exchange as defined in section 2(1) of the Securities and Futures Act 2001;“controller” means an individual controller or a corporate controller;“corporate controller”, in relation to a company or a foreign company, means a legal entity which has a significant interest in, or significant control over, the company or the foreign company, as the case may be;“individual controller”, in relation to a company or a foreign company, means an individual who has a significant interest in, or significant control over, the company or the foreign company, as the case may be;“legal entity” means any body corporate formed or incorporated or existing in Singapore or outside Singapore and includes a foreign company;“limited liability partnership” has the meaning given by section 4(1) of the Limited Liability Partnerships Act 2005;“member of the public” includes —

(a)

in the case of a company — any member of the company acting in the member’s capacity as such; and

(b)

in the case of a foreign company — any member of the foreign company acting in the member’s capacity as such;“register of controllers” or “register” —

(a)

in relation to a company to which this Part applies — means the register that the company is required to keep of its registrable controllers under section 386AF(1), (1A), (2) or (3); and

(b)

in relation to a foreign company to which this Part applies — means the register that the foreign company is required to keep of its registrable controllers under section 386AF(4), (4A), (5) or (6);[Deleted by Act 22 of 2024 wef 09/06/2025]“significant control”, in relation to a company or a foreign company, has the meaning given in the Sixteenth Schedule;“significant interest”, in relation to a company or a foreign company, has the meaning given in the Sixteenth Schedule.

Definition

“approved exchange” means an approved exchange as defined in section 2(1) of the Securities and Futures Act 2001;

Definition

“controller” means an individual controller or a corporate controller;

Definition

“corporate controller”, in relation to a company or a foreign company, means a legal entity which has a significant interest in, or significant control over, the company or the foreign company, as the case may be;

Definition

“individual controller”, in relation to a company or a foreign company, means an individual who has a significant interest in, or significant control over, the company or the foreign company, as the case may be;

Definition

“legal entity” means any body corporate formed or incorporated or existing in Singapore or outside Singapore and includes a foreign company;

Definition

“limited liability partnership” has the meaning given by section 4(1) of the Limited Liability Partnerships Act 2005;

Definition

“member of the public” includes —

(a)

in the case of a company — any member of the company acting in the member’s capacity as such; and

(b)

in the case of a foreign company — any member of the foreign company acting in the member’s capacity as such;

Definition

“register of controllers” or “register” —

(a)

in relation to a company to which this Part applies — means the register that the company is required to keep of its registrable controllers under section 386AF(1), (1A), (2) or (3); and

(b)

in relation to a foreign company to which this Part applies — means the register that the foreign company is required to keep of its registrable controllers under section 386AF(4), (4A), (5) or (6);

Amended byAct 23 of 2024 wef 16/06/2025Act 23 of 2024 wef 16/06/2025

Definition

“significant control”, in relation to a company or a foreign company, has the meaning given in the Sixteenth Schedule;

Definition

“significant interest”, in relation to a company or a foreign company, has the meaning given in the Sixteenth Schedule.

Amended by15/2017