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

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Type
Subsidiary Legislation
Status
In force
Enacted
1967
Sections
5

Quick answer

About this subsidiary legislation

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.

Regulation 1

Citation and commencement

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

Regulation 2

“Specified company”

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

(a)

Asia‑Europe Foundation (UEN 199700781D);

(b)

Singapore Deposit Insurance Corporation Limited (UEN 200600593Z).

Regulation 3

Exemption of specified company’s obligations

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Amended byS 349/2025 wef 16/06/2025S 349/2025 wef 16/06/2025

A specified company is exempt from all of the following provisions of the Act:

(a)

section 386AF(1), (2), (3), (7), (8), (9) and (11);

(b)

section 386AFA(3), (4), (5) and (6);

(c)

section 386AG(1) and (2);

(d)

section 386AH(1);

(e)

section 386AKA(1), (3), (4) and (5);

(f)

section 386AN(3);

(g)

section 386ANA(2) and (3).

Regulation 4

Exemption of registrable controller’s obligations

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A person who is a registrable controller of a specified company is exempt from all of the following provisions of the Act:

(a)

section 386AF(10);

(b)

section 386AJ;

(c)

section 386AK.

Regulation 5

Exemption of director’s obligations

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

Common questions

What is Companies (Specified Companies — Exemption from Part 11A) Order 2023?
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.
Is Companies (Specified Companies — Exemption from Part 11A) Order 2023 still in force?
Yes — Companies (Specified Companies — Exemption from Part 11A) Order 2023 is currently in force.
When did Companies (Specified Companies — Exemption from Part 11A) Order 2023 take effect?
Companies (Specified Companies — Exemption from Part 11A) Order 2023 was first recorded in 1967.
How many regulations does Companies (Specified Companies — Exemption from Part 11A) Order 2023 have?
Companies (Specified Companies — Exemption from Part 11A) Order 2023 contains 5 regulations.
Where can I read the official version of Companies (Specified Companies — Exemption from Part 11A) Order 2023?
The official text of Companies (Specified Companies — Exemption from Part 11A) Order 2023 is published at sso.agc.gov.sg.