Regulation 1
Citation and commencement
This Order is the Companies (Specified Companies — Exemption from Part 11A) Order 2023 and comes into operation on 28 June 2023.
/akn/sg/act/sub_leg/1967/CoA-S384-2023
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Quick answer
Companies (Specified Companies — Exemption from Part 11A) Order 2023 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation CoA-S384-2023 1967, currently marked in force and first recorded in 1967.
Citation and commencement
This Order is the Companies (Specified Companies — Exemption from Part 11A) Order 2023 and comes into operation on 28 June 2023.
“Specified company”
In this Order, “specified company” refers to any of the following:
Asia‑Europe Foundation (UEN 199700781D);
Singapore Deposit Insurance Corporation Limited (UEN 200600593Z).
Exemption of specified company’s obligations
A specified company is exempt from all of the following provisions of the Act:
section 386AF(1), (2), (3), (7), (8), (9) and (11);
section 386AFA(3), (4), (5) and (6);
section 386AG(1) and (2);
section 386AH(1);
section 386AKA(1), (3), (4) and (5);
section 386AN(3);
section 386ANA(2) and (3).
Exemption of registrable controller’s obligations
A person who is a registrable controller of a specified company is exempt from all of the following provisions of the Act:
section 386AF(10);
section 386AJ;
section 386AK.
Exemption of director’s obligations
A director of a specified company is exempt from section 386AL(2) and (3) of the Act.