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
123. Inspectors appointed in other countries
Feedback & support(1)
Where —
(a)
under a corresponding law of another country, an inspector has been appointed to investigate the affairs of a VCC; and
(b)
the Minister is of the opinion that, in connection with that investigation, it is expedient that an investigation be made in Singapore,the Minister may by notice declare that the inspector so appointed has the same powers and duties in Singapore in relation to the investigation as if the VCC were a declared VCC.
(2)
Upon the declaration, the inspector has the powers and duties mentioned in subsection (1).