In force2020 Revised EditionCurrent version · 2020 Revised EditionSee versions on Singapore Statutes Online(opens the publisher’s site)
Variable Capital Companies Act 2018 · 2020 Revised Edition · Part 9 · Investigations
122. Power to impose restrictions on shares or debentures
Feedback & support(1)
Subject to section 5 and subsection (2), section 245 of the Companies Act 1967 applies in relation to an investigation under section 120 or 121 as it applies in relation to an investigation under section 243 or 244 of that Act.
(2)
Where the investigation relates solely to a sub-fund of an umbrella VCC, then the reference in section 245(1)(d) of the Companies Act 1967 to a liquidation is to a liquidation of the sub‑fund.
sub-fund
Defined · s 2
“sub-fund” means a collective investment scheme that is part of an umbrella VCC;