Act 2019 status not recorded
Companies (Amendment) Act, 2019-19
Issued by Corporate Affairs and Intellectual Property Office
Effective: 20 May 2019
Plain-English summary
Amends the Companies Act, Cap. 308. It requires a company's registered office to hold an up-to-date record of basic and beneficial ownership information, kept for at least five years (s. 5), requires a director or authorised officer to certify in the annual return that this information is kept there (s. 3) and amends the definition of 'beneficial owner' (s. 6). The underlying information is not filed with the Registrar. Assented to on 17 May 2019.
Who it applies to
Corporates (Listed)
Topics
AML / CFT / Sanctions Tax Transparency (FATCA/CRS/BEPS)
Obligations arising from this law or regulation
| Obligation | Timing | Regulator | Source | Detail |
|---|---|---|---|---|
| Keep basic and beneficial ownership information at the registered office | Ongoing; kept at least 5 years; certified in each annual return | CAIPO | official | |
Section 5 (amending s. 170 of the Companies Act) requires the registered office to hold an up-to-date record of the basic and beneficial ownership information of the company, retained for at least five years. Section 3 (new s. 15A(6)) requires a director or authorised officer to certify in the annual return that shareholder and beneficial ownership information is kept at the registered office. |
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| No obligations match these filters. | ||||
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