Singapore legislation
Clause 166
Clause 166
Exemption from filing list of members with annual return for certain public companies
(1)
A public company which —
has more than five hundred members; and
provides reasonable accommodation and facilities for persons to inspect and take copies of its list of members and its particulars of shares transferred,need not comply with such of the provisions of this Division and the Eighth Schedule as relate to the inclusion in the annual return of a list of members if there is included in the annual return a certificate by the secretary that the company is of a kind to which this subsection applies.
(2)
The Minister may, by notice published in the Gazette, require any company to which subsection (1) of this section applies to comply with all or any of the provisions of this Division or of the Eighth Schedule referred to in subsection (1) of this section.
(3)
If default is made in complying with the notice given under subsection (2) of this section, the company and every officer of the company who is in default shall be guilty of an offence under this Act and shall be liable on conviction to a fine not exceeding five hundred dollars and also to a default penalty.