Singapore legislation

Regulation 10

of Variable Capital Companies (Transfer of Registration) Regulations 2020

Regulation 10

Modification of section 19 of Act

In the application of section 19 of the Act to a foreign corporate entity registered under Part 12 of the Act —

(a)

subsection (4)(c) and (d) of that section is omitted; and

(b)

the words “, duly signed by the subscriber or each subscriber and stating the number of shares that the subscriber has agreed to take,” in subsection (7) of that section are omitted.