Business Registration (Amendment) Regulations 2004

Status:

Published in Subsidiary Legislation Supplement
on 01 Mar 2004

No. S 86

Business Registration Act

(Chapter 32)

Business Registration (Amendment) Regulations 2004

In exercise of the powers conferred by section 32 of the Business Registration Act, the Minister for Finance hereby makes the following Regulations:

Citation and commencement

1. These Regulations may be cited as the Business Registration (Amendment) Regulations 2004 and shall come into operation on 1st March 2004.

Deletion and substitution of regulation 4

2. Regulation 4 of the Business Registration Regulations 2003 (Rg 1, 2004 Ed.) is deleted and the following regulation substituted therefor:

“Prescribed person

4.—(1) For the purposes of the Act, a prescribed person is —

(a)

an advocate and solicitor;

(b)

an accountant registered with the Institute of Certified Public Accountants of Singapore;

(c)

a member of the Association of International Accountants (Singapore Branch);

(d)

a member of the Institute of Company Accountants, Singapore;

(e)

a member of the Singapore Association of the Institute of Chartered Secretaries and Administrators;

(f)

a corporate secretarial agent;

(g)

a member of such other professional association as may be approved by the Minister and published by notification in the Gazette;

(h)

an employee of a service bureau who is approved by the Minister as a prescribed person;

(i)

an employee of the firm or corporation in which a prescribed person referred to in sub-paragraph (a), (b), (c), (d), (e), (f) or (g) is a partner or is employed, if —

(i)	the employee is authorised by the prescribed person to act on that prescribed person’s behalf; and
(ii)	the employee is, in the opinion of the prescribed person, someone who has the requisite knowledge and experience; or

(j)

any other person who, in the opinion of the Minister, is a fit and proper person to be a prescribed person.

(2) In this regulation —

“corporate secretarial agent” means a person who is carrying on the business of corporate secretarial services for one or more companies and who has been a secretary of a company for at least 3 years of the 5 years preceding the time when he purports to act as a prescribed person;

“service bureau” means a service bureau which the Registrar has authorised to be established for the purpose of assisting in the lodgment of documents using the electronic filing system of the Registry.”.

Deletion and substitution of regulation 7

3. Regulation 7 of the Business Registration Regulations is deleted and the following regulation substituted therefor:

“General requirements for documents lodged with Registrar

7.—(1) Any document to be lodged with the Registrar under the Act or these Regulations, other than a form to which regulation 6 applies, shall comply with these Regulations and with such directions as may be specified by the Registrar.

(2) Any writing in a document under paragraph (1) shall be neat and legible.

(3) Where a document under paragraph (1) is not in the English language, a certified translation of the document in the English language shall be lodged together with the document.

(4) The Registrar may, before accepting a translation for lodgment, require the person lodging the translation to furnish to the Registrar such evidence as the Registrar thinks sufficient of the ability of the person by whom the translation is made to make the translation.

(5) The Registrar may refuse to accept any document that is not in compliance with these Regulations or with any direction of the Registrar under paragraph (1).

(6) In this regulation, “certified translation” means a translation that is certified to be a correct translation in the English language by a person approved by the Registrar.”.

Made this 25th day of February 2004.

LIM SIONG GUAN

Permanent Secretary,
Ministry of Finance,
Singapore.

[F14.2.0004 V1; RCB0501B/KCC/F200201519T; AG/LEG/SL/32/2003/1 Vol. 1]

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