Singapore legislation
Regulation 5
of Stamp Duties (Relief from Stamp Duty upon Reconstruction or Amalgamation of Companies) Rules
Regulation 5
Particular existing company
Amended byS 678/2008 wef 18/02/2005
A company shall not be deemed to be a particular existing company within the meaning of these Rules unless —
(a)
it is provided by the memorandum of association of the transferee company that one of the objects for which the transferee company is established is the acquisition of the undertaking or reckonable share capital of that company; or
(b)
it appears from the resolution, act or other authority for the increase of the capital of the transferee company that the increase is authorised for the purpose of acquiring the undertaking or reckonable share capital of that company.