FIFTH SCHEDULE
Section 84
Consequential Amendments to Other Written Laws
First column | Second column | |
(1) Accounting and Corporate Regulatory Authority Act 2004 (Act 3 of 2004) | ||
Second Schedule | Delete item 4. | |
(2) Companies Act (Chapter 50, 1994 Ed.) | ||
Section 130A | (i) Delete the words “(registered under the Trust Companies Act)” in the 2nd and 3rd lines of the definition of “depository agent” and substitute the words “(licensed under the Trust Companies Act 2005)”. | |
(ii) Delete the marginal reference “Cap. 336.” in the definition of “depository agent”. | ||
(3) Financial Advisers Act (Chapter 110, 2002 Ed.) | ||
First Schedule, paragraph 2 | Delete the words “registered under the Trust Companies Act (Cap. 336)” and substitute the words “licensed under the Trust Companies Act 2005”. | |
(4) Income Tax Act (Chapter 134, 2004 Ed.) | ||
(a) Section 10 (20A) | Delete sub-paragraph (x) of paragraph (c) and substitute the following sub-paragraph: “(x) a trust company licensed under the Trust Companies Act 2005;”. | |
(b) Section 43J(2) | Delete paragraph (a) and substitute the following paragraph: “(a) a company licensed as a trust company under the Trust Companies Act 2005; or”. | |
(5) Probate and Administration Act (Chapter 251, 2000 Ed.) | ||
Section 6(6) | Delete the words “registered as a trust company under the Trust Companies Act (Cap. 336)” and substitute the words “licensed as a trust company under the Trust Companies Act 2005”. | |
(6) Residential Property Act (Chapter 274, 1985 Ed.) | ||
(a) Section 2(1) | (i) Delete the words “registered under the Trust Companies Act” wherever they appear in the definitions of “converted society” and “Singapore society” and substitute in each case the words “licensed under the Trust Companies Act 2005”. | |
(ii) Delete the marginal reference “Cap. 336.” in the definitions of “converted society” and “Singapore society”. | ||
(b) Section 16(1) | (i) Delete the words “registered under the Trust Companies Act” in paragraph (b) and substitute the words “licensed under the Trust Companies Act 2005”. | |
(ii) Delete the marginal reference “Cap. 336.”. | ||
(c) Section 18 | (i) Delete the words “registered under the Trust Companies Act” in paragraph (c) and substitute the words “licensed under the Trust Companies Act 2005”. | |
(ii) Delete the marginal reference “Cap. 336.”. | ||
(7) Securities and Futures Act (Chapter 289, 2002 Ed.) | Delete the words “registered under the Trust Companies Act (Cap. 336)” wherever they appear and substitute in each case the words “licensed under the Trust Companies Act 2005”. | |
(8) Trustees Act (Chapter 337, 1999 Ed.) | ||
Section 3 | Delete the words “registered as a trust company under the Trust Companies Act (Cap. 336)” in the definition of “trust corporation” and substitute the words “licensed as a trust company under the Trust Companies Act 2005”. |