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Part 5 · Application of Act to Registered Foreign Corporate Entities

13. Modification and exclusion of provisions of Thirteenth Schedule

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Amended

Last amended by an amending law of 2025.

In determining whether a foreign corporate entity registered under Part 10A of the Act is a small company for the purposes of section 205C of the Act —

(a)

paragraph 1(a) of the Thirteenth Schedule to the Act is modified by disregarding the reference to paragraph 4;

(b)

paragraph 3 of the Thirteenth Schedule to the Act is modified by reading references to “incorporation” as references to “the date of registration of the foreign corporate entity”;

(c)

paragraph 4 of the Thirteenth Schedule to the Act is excluded; and

(d)

paragraph 6(a) of the Thirteenth Schedule to the Act is modified by reading the reference to “incorporation” as a reference to “the date of registration of the foreign corporate entity”.

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