Clause 24

Amendment of section 363

BillNot in forceProvision 24 of 26

The Companies Act is amended by renumbering section 363 as subsection (1) of that section, and by inserting immediately thereafter the following subsection:“(2) Subsection (1) shall not apply to an investment company which is approved under section 10A of the Income Tax Act (Cap. 134).”.

Read in full context — Companies (Amendment) Bill →

Clause 24

Amendment of section 363

of Companies (Amendment) Bill

BillNot in forceProvision 24 of 26

The Companies Act is amended by renumbering section 363 as subsection (1) of that section, and by inserting immediately thereafter the following subsection:“(2) Subsection (1) shall not apply to an investment company which is approved under section 10A of the Income Tax Act (Cap. 134).”.

Read in full context — Companies (Amendment) Bill →