Clause 137
Amendment of section 70
of Corporate and Accounting Laws (Amendment) Bill
BillNot in forceProvision 136 of 156
Clause 137
In the VCC Act, in section 70, replace paragraph (b) with —“(b)the reference in section 172B(1)(b)(ii) of the Companies Act 1967 to a company that is deemed to be related to the company by virtue of section 6 of that Act is to a company that is a related corporation of the VCC.”.