Companies Act 1967 - Singapore Statutes Online

FIFTEENTH SCHEDULE

Sections 8(7), 386AA(1) and 386AC(c)

Foreign companies to which Part 11A
does not apply

1. Part 11A does not apply to any of the following foreign companies:

(a)

a foreign company that is a Singapore financial institution;

(b)

a foreign company that is a wholly‑owned subsidiary of a foreign company that is a Singapore financial institution;

(c)

a foreign company which shares are listed on a securities exchange in a country or territory outside Singapore and which is subject to —

(i)	regulatory disclosure requirements; and
(ii)	requirements relating to adequate transparency in respect of its beneficial owners,

imposed through stock exchange rules, law or other enforceable means;

[S 383/2023 wef 28/06/2023]

(d)

a foreign company which shares are listed for quotation on an approved exchange in Singapore, such listing being a primary listing.

[S 383/2023 wef 28/06/2023]

2. In paragraph 1, “Singapore financial institution” has the meaning given in paragraph 2 of the Fourteenth Schedule.

[15/2017]

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