Singapore legislation
Section 386AJ
Section 386AJ
Controller’s duty to provide information
(1)
A person who knows or ought reasonably to know that the person is a registrable controller in relation to a company or foreign company must —
notify the company or foreign company (as the case may be) that the person is a registrable controller in relation to the company or foreign company;
state the date, to the best of the person’s knowledge, on which the person became a registrable controller in relation to the company or foreign company; and
provide such other information as may be prescribed.
(2)
The person mentioned in subsection (1) must comply with the requirements of that subsection within such period as may be prescribed after the date on which that person first knew or ought reasonably to have known that that person was a registrable controller.
(3)
A person need not comply with the requirements of subsection (1) if the person has received a notice from the company or foreign company under section 386AG(2) and has complied with the requirements of the notice within the time specified in the notice for compliance.
(4)
If a person fails to comply with subsection (1) or (2), the person shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $25,000.