Comparison View

Formal Consolidation |  Amended Act 10 of 2005
Appointment of chief executive officer, director, etc., of designated telecommunication licensee
32F.—(1)  No designated telecommunication licensee shall appoint a person as its chief executive officer, its director or the chairman of its board of directors unless it has obtained the approval of the Authority.
(2)  Where a person has been appointed by a designated telecommunication licensee as its chief executive officer, its director, or the chairman of its board of directors without the approval of the Authority in contravention of subsection (1), the Authority may issue a direction to the licensee to remove that person as its chief executive officer, its director or the chairman of its board of directors, as the case may be.
(3)  This section shall have effect notwithstanding the provisions of any other written law or of the memorandum or articles of association, or other constitution, of the designated telecommunication licensee.
(4)  In this section —
“chief executive officer”, in relation to a designated telecommunication licensee, means any person, by whatever name described, who is —
(a)in the direct employment of, or acting for or by arrangement with, the designated telecommunication licensee; and
(b)principally responsible for the management and conduct of any type of business of the designated telecommunication licensee in Singapore,
and includes any person for the time being performing all or any of the functions or duties of a chief executive officer;
“director” has the same meaning as in section 4(1) of the Companies Act (Cap. 50).
[Act 10 of 2005 wef 16/02/2005]
Informal Consolidation | Amended Act 19 of 2011
Appointment of chief executive officer, director, etc., of designated telecommunication licensee
32F.—(1)  No designated telecommunication licensee shall appoint a person as its chief executive officer, its director or the chairman of its board of directors, unless it has obtained the approval of the Authority to do so.
(2)  Where a designated telecommunication licensee appoints a person as its chief executive officer, its director or the chairman of its board of directors without the approval of the Authority, in contravention of subsection (1), the Authority may issue a direction to the licensee to remove that person from his appointment as chief executive officer, director or chairman of the board of directors, as the case may be, of the licensee.
(3)  The Authority may at any time vary, suspend or revoke any direction issued under subsection (2).
(4)  This section shall have effect notwithstanding the provisions of any other written law and the provisions of the memorandum or articles of association, or other constitution, of the designated telecommunication licensee.
(5)  In this section —
“chief executive officer”, in relation to a designated telecommunication licensee —
(a)means any person, by whatever name described, who —
(i)is in the direct employment of, or acting for or by arrangement with, the designated telecommunication licensee; and
(ii)is principally responsible for the management and conduct of any type of business of the designated telecommunication licensee in Singapore; and
(b)includes any person for the time being performing all or any of the functions or duties of a chief executive officer;
“director” has the same meaning as in section 4(1) of the Companies Act (Cap. 50).
[Act 19 of 2011 wef 01/02/2012]