4. Persons to whom section 28(2) of Act does not apply
Feedback & supportLast amended by an amending law of 2025.
Pursuant to section 28(4) of the Act, where a holding company (A) gives the Chief Executive notice that a secretary of A is authorised to transact on behalf of a subsidiary of the holding company (B), then the secretary may transact on behalf of B even if the secretary is not a registered corporate service provider for providing the service mentioned in paragraph (f)(i) of the definition of “corporate service” in section 2(1) of the Corporate Service Providers Act 2024.
Pursuant to section 28(4) of the Act, where A gives the Chief Executive a notice under paragraph (1) and specifies in the notice that an employee of A, or a qualified individual appointed, employed or engaged by A, is authorised to transact on behalf of A or B or both, then that employee or qualified individual may transact on behalf of A or B or both, as specified by A in the notice, even though the employee or qualified individual is not a registered corporate service provider mentioned in paragraph (1).
Pursuant to section 28(4) of the Act, where A gives the Chief Executive a notice under paragraph (1) and specifies in the notice that an employee of B, or a qualified individual appointed, employed or engaged by B, is authorised to transact on behalf of A or B or both, then that employee or qualified individual may transact on behalf of A or B or both, as specified by A in the notice, even though the employee or qualified individual is not a registered corporate service provider mentioned in paragraph (1).
In this regulation, a reference to a notice given to the Chief Executive means a notice given in such form and manner as the Chief Executive determines.
Subregulation 1
Pursuant to section 28(4) of the Act, where a holding company (A) gives the Chief Executive notice that a secretary of A is authorised to transact on behalf of a subsidiary of the holding company (B), then the secretary may transact on behalf of B even if the secretary is not a registered corporate service provider for providing the service mentioned in paragraph (f)(i) of the definition of “corporate service” in section 2(1) of the Corporate Service Providers Act 2024.
Subregulation 2
Pursuant to section 28(4) of the Act, where A gives the Chief Executive a notice under paragraph (1) and specifies in the notice that an employee of A, or a qualified individual appointed, employed or engaged by A, is authorised to transact on behalf of A or B or both, then that employee or qualified individual may transact on behalf of A or B or both, as specified by A in the notice, even though the employee or qualified individual is not a registered corporate service provider mentioned in paragraph (1).
Subregulation 3
Pursuant to section 28(4) of the Act, where A gives the Chief Executive a notice under paragraph (1) and specifies in the notice that an employee of B, or a qualified individual appointed, employed or engaged by B, is authorised to transact on behalf of A or B or both, then that employee or qualified individual may transact on behalf of A or B or both, as specified by A in the notice, even though the employee or qualified individual is not a registered corporate service provider mentioned in paragraph (1).
Subregulation 4
In this regulation, a reference to a notice given to the Chief Executive means a notice given in such form and manner as the Chief Executive determines.