Section 25
New section 573a
of Companies (Amendment) Act 2024
Amendment ActIn forceProvision 25 of 39
Section 25
The principal Act is amended by inserting after section 573
the following section:
“Beneficial ownership of foreign company 573a. Division 8a of Part II shall apply to a foreign company subject to the following modifications:
(a)
a reference to a “company” shall be taken as a reference to a “foreign company”; and
(b)
a reference to an “officer” shall be taken as a reference to an “agent of a foreign company”.”.
Amendment of section 576