Companies (Specified Companies — Exemption from Part 11A) Order 2023

This Order is the Companies (Specified Companies — Exemption from Part 11A) Order 2023 and comes into operation on 28 June 2023.

In this Order, “specified company” refers to any of the following:

Asia‑Europe Foundation (UEN 199700781D);

Singapore Deposit Insurance Corporation Limited (UEN 200600593Z).

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).

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.

A director of a specified company is exempt from section 386AL(2) and (3) of the Act.