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In force2020 Revised Edition

Part 1 · Preliminary

6. Application of Companies Act 1967 to VCC, etc.

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(1)

Where a provision of the Companies Act 1967 is incorporated by reference in this Act and applies to or in relation to a VCC, a person of a VCC or a matter concerning a VCC, as that Companies Act 1967 provision applies to or in relation to a corporation, a person of a corporation or a matter concerning a corporation, then (despite a VCC being a corporation within the meaning of the Companies Act 1967) the Companies Act 1967 provision is disapplied, but only to the extent of such application in this Act.

(2)

Where a provision of the Companies Act 1967 has a corresponding provision in this Act that applies to or in relation to a VCC, a person of a VCC or a matter concerning a VCC, as that Companies Act 1967 provision applies to or in relation to a corporation, a person of a corporation or a matter concerning a corporation, then (despite a VCC being a corporation within the meaning of the Companies Act 1967) the Companies Act 1967 provision is disapplied, but only to the extent of such application in the corresponding provision.

(3)

[Deleted by Act 28 of 2019 wef 01/04/2026]

Report

Part 2

Administration of Act

Part 3

Constitution of Vcc

Part 4

Sub-Funds

Part 5

Shares, Debentures and Charges

Part 6

Management and Administration

Part 7

International Obligations and Prevention of Money Laundering, Terrorism Financing and Proliferation Financing and Other Offences

Part 8

Annual Return, Financial Statements and Audit

Part 9

Investigations

Part 10

Receivers and Managers

Part 11

Winding Up

Part 12

Transfer of Registration

Part 13

General Provisions

Schedules