Clause 1
Short title
This Act may be cited as the Trustees (Amendment) Act, 1970.
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Trustees (Amendment) Bill is Singapore Bill, cited as Bill 31 1970, currently marked not in force and first recorded in 1970.
Short title
This Act may be cited as the Trustees (Amendment) Act, 1970.
Amendment of section 4
Paragraph (b) of subsection (2) of section 4 of the Trustees Act, 1967, is hereby amended —
by deleting the expression “; and” appearing at the end thereof and substituting therefor a colon; and
by inserting immediately thereafter the following proviso: —“Provided that where an approved company is or has been reconstructed and has taken over the business and assets of a company which has satisfied the requirements of this paragraph, such requirements shall be deemed to have been complied with by the company so reconstructed; and”.
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