Singapore legislation

Regulation 4

of Variable Capital Companies (Consequential Amendments to Other Acts) Order 2020

Regulation 4

Amendment of Legal Profession Act

Section 34 of the Legal Profession Act (Cap. 161, 2009 Ed.) is amended —

(a)

by deleting the words “or limited liability partnership” wherever they appear in subsection (1)(ea) and substituting in each case the words “, variable capital company or limited liability partnership”;

(b)

by deleting the word “or” at the end of paragraph (b) of the definition of “officer” in subsection (3);

(c)

by inserting the word “or” at the end of paragraph (c) of the definition of “officer” in subsection (3), and by inserting immediately thereafter the following paragraph:“(d)in relation to a variable capital company, means any director or secretary of the variable capital company, or a person employed in an executive capacity by the variable capital company;”; and

(d)

by deleting the full-stop at the end of the definition of “relevant matter or proceeding” in subsection (3) and substituting a semi‑colon, and by inserting immediately thereafter the following definition:“ “variable capital company” has the meaning given by section 2(1) of the Variable Capital Companies Act 2018 (Act 44 of 2018).”.