Companies Act 1967 · 2020 Revised Edition · Part 11A · Register of Controllers, Nominee Directors and Nominee Shareholders of Companies
386AC. Meaning of “registrable”
Last amended by an amending law of 2018. 2 amendments in all.
Official textFrom Singapore Statutes Online, unchanged
For the purposes of this Part, in relation to a company (X) or a foreign company (X), a controller (A) is registrable unless —
company
“company” means a company incorporated under this Act or under any corresponding previous written law;
A’s significant interest in or significant control over X is only through one or more controllers (B) of X;
significant interest
“significant interest”, in relation to a company or a foreign company, has the meaning given in the Sixteenth Schedule.
A is a controller of B (or each B if more than one); and
controller
“controller” means an individual controller or a corporate controller;
B (or each B if more than one) is either —
a company, or foreign company to which this Part applies, that is required to keep a register of controllers under section 386AF;
foreign company
“foreign company” means —(a)a company, corporation, society, association or other body incorporated outside Singapore; or(b)an unincorporated society, association or other body which under the law of its place of origin may sue or be sued, or hold property in the name of the secretary or other officer of the body or association duly appointed for that purpose and which does not have its head office or principal place of business in Singapore;
a company that is set out in the Fourteenth Schedule;
a foreign company that is set out in the Fifteenth Schedule;
a corporation which shares are listed for quotation on an approved exchange;
corporation
“corporation” means any body corporate formed or incorporated or existing in Singapore or outside Singapore and includes any foreign company but does not include —(a)any body corporate that is incorporated in Singapore and is by notification of the Minister in the Gazette declared to be a public authority or an instrumentality or agency of the Government or to be a body corporate which is not incorporated for commercial purposes;(b)any corporation sole;(c)any cooperative society;(d)any registered trade union; (da)any platform work association registered under the Platform Workers Act 2024; or(e)any limited liability partnership;
a limited liability partnership to which Part 6A of the Limited Liability Partnerships Act 2005 applies, that is required to keep a register of controllers of limited liability partnerships under that Act;
limited liability partnership
“limited liability partnership” has the meaning given by section 2(1) of the Limited Liability Partnerships Act 2005;
a limited liability partnership that is set out in the Sixth Schedule to the Limited Liability Partnerships Act 2005;
a trustee of an express trust to which Part 7 of the Trustees Act 1967 applies; or
a VCC.
VCC
“VCC” means a VCC or variable capital company as defined in section 2(1) of the VCC Act;
Terms defined in this Act
approved exchange
Defined · s 386AB“approved exchange” means an approved exchange as defined in section 2(1) of the Securities and Futures Act 2001;
company
Defined · s 4“company” means a company incorporated under this Act or under any corresponding previous written law;
controller
Defined · s 386AB“controller” means an individual controller or a corporate controller;
corporation
Defined · s 4“corporation” means any body corporate formed or incorporated or existing in Singapore or outside Singapore and includes any foreign company but does not include —(a)any body corporate that is incorporated in Singapore and is by notification of the Minister in the Gazette declared to be a public authority or an instrumentality or agency of the Government or to be a body corporate which is not incorporated for commercial purposes;(b)any corporation sole;(c)any cooperative society;(d)any registered trade union; (da)any platform work association registered under the Platform Workers Act 2024; or(e)any limited liability partnership;
foreign company
Defined · s 4“foreign company” means —(a)a company, corporation, society, association or other body incorporated outside Singapore; or(b)an unincorporated society, association or other body which under the law of its place of origin may sue or be sued, or hold property in the name of the secretary or other officer of the body or association duly appointed for that purpose and which does not have its head office or principal place of business in Singapore;
limited liability partnership
Defined · s 4“limited liability partnership” has the meaning given by section 2(1) of the Limited Liability Partnerships Act 2005;
listed
Defined · s 4“listed”, in relation to a company or corporation, means a company or corporation that has been admitted to the official list of an approved exchange in Singapore and has not been removed from that official list;
register of controllers
Defined · s 386AB“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);
significant control
Defined · s 386AB“significant control”, in relation to a company or a foreign company, has the meaning given in the Sixteenth Schedule;
significant interest
Defined · s 386AB“significant interest”, in relation to a company or a foreign company, has the meaning given in the Sixteenth Schedule.
VCC
Defined · s 4“VCC” means a VCC or variable capital company as defined in section 2(1) of the VCC Act;
Part 12