Singapore legislation
Clause 333
Clause 333
As to registered office and agents of foreign companies
(1)
A foreign company shall have a registered office in Singapore to which all communications and notices may be addressed and which shall be open and accessible to the public for not less than five hours between the hours of nine o’clock in the morning and five o’clock in the evening each day, Saturdays, weekly and public holidays excepted.[Aust.s. 346 (5)-
.]
(2)
An agent, until he ceases to be such in accordance with subsection (4) of this section, shall —
continue to be the agent of the company;
be answerable for the doing of all such acts, matters and things, as are required to be done by the company by or under this Act; and
be personally liable to all penalties imposed on the company for any contravention of any of the provisions of this Act unless he satisfies the court hearing the matter that he should be not so liable.
(3)
A foreign company or its agent may lodge with the Registrar a notice in writing stating that the agent has ceased to be the agent or will cease to be the agent on a date specified in the notice.
(4)
The agent in respect of whom the notice has been lodged shall cease to be an agent on the expiration of a period of twenty-one days after the date of lodgment of the notice or on the date of the appointment of another agent the memorandum of whose appointment has been lodged in accordance with subsection (5) of this section whichever is the earlier, but if the notice states a date on which he is to so cease and the date is later than the expiration of that period, on that date.
(5)
Where an agent ceases to be the agent and the company is then without an agent in Singapore if the company continues to carry on business or has a place of business in Singapore it shall within twenty-one days after the agent ceases to be such, appoint an agent.
(6)
On the appointment of a new agent the company shall lodge a memorandum of the appointment and a statutory declaration in accordance with subsection (1) of section 332 and, if not already lodged in pursuance of subsection (2) of that section, a copy of the deed or document or power of attorney referred to in that subsection verified in accordance with that subsection.