Singapore legislation
Regulation 13
Regulation 13
Filing of revised financial statements, etc.
Subregulation 1
Subject to paragraph (2), where the financial statements, or the consolidated financial statements or balance sheet, of a VCC are revised under section 202A or 202B(4) of the Companies Act (as applied by section 104 of the VCC Act), the VCC must file with the Registrar within 30 days after the date of revision —
a copy of the revised financial statements, or where the consolidated financial statements or balance sheet are revised under section 202A or 202B(4) of the Companies Act (as applied by section 104 of the VCC Act), a copy of the revised consolidated financial statements or balance sheet;
a copy of the new directors’ statement on the revised financial statements, or the revised consolidated financial statements or balance sheet; and
where applicable, a copy of the auditor’s report on the revised financial statements, or the revised consolidated financial statements or balance sheet.
Subregulation 2
If paragraph (1) is not complied with, the VCC and every officer of the VCC who is in default shall each be guilty of an offence and shall each be liable on conviction to a fine not exceeding $2,000.