Under reviewSINGAPOREfund-operationsregulatory-textVerified 2026-07-28

Variable Capital Companies Act 2018 — selected sections

This page presents the current consolidated text of sections 29, 97, 99, 100, 105 and 107 of the Variable Capital Companies Act 2018, covering sub-fund segregation, annual returns, accounting records and controls, financial statements, members’ entitlement to statements, and auditor appointment.

Translation awaiting human review

The Chinese text is a first-draft editorial translation and has not completed professional human review of the legal and accounting terminology. Do not use it as legal or operational authority; verify the current English primary source before relying on it.

Verified scope / 已核验范围

中文： 本页收录已从 Singapore Statutes Online（SSO）逐款核验的第29、97、99、100、105及107条。第100条第(9)及(10)款包含2026年5月6日生效修订。

English: This page includes sections 29, 97, 99, 100, 105 and 107, verified subsection by subsection against Singapore Statutes Online (SSO). Section 100(9) and (10) include amendments effective 6 May 2026.

Singapore Government copyright and SSO permission / 新加坡政府版权与 SSO 许可

中文： 本页转载的新加坡法律文本受新加坡政府版权保护，并依据新加坡总检察署（Attorney-General’s Chambers of Singapore，AGC）授予 SSO 用户的许可使用及复制。读者应在 SSO 核对最新版本；本站运营者负责所转载法律文本的准确性。本页不表示 AGC 或 SSO 与本站存在任何关联或隶属关系，亦不表示 AGC 或 SSO 对本站予以认可。SSO 说明其在线汇编属于非权威版本；如需权威文本，应核对新加坡政府宪报。许可条件见 SSO Terms of Use 及 SSO FAQ。

English: The Singapore legislation reproduced on this page is subject to copyright of the Government of Singapore and is used and reproduced with the permission granted by the Attorney-General’s Chambers of Singapore (AGC) to SSO users. Users should check SSO for the latest version. The site operator is responsible for the accuracy of the legislation reproduced. Nothing on this page suggests any association or affiliation with, or endorsement by, AGC or SSO. SSO states that its online consolidation is not the authoritative text; consult the Singapore Government Gazette when an authoritative text is required. See the SSO Terms of Use and SSO FAQ for the permission conditions.

Section 29 — Segregated assets and liabilities of sub-funds / 第29条 — 子基金资产及负债的隔离

English original

29.—(1) Despite any written law or rule of law to the contrary —

Editorial Chinese translation

29.—(1) 尽管任何成文法或法律规则另有规定：

English original

(a) the assets of a sub-fund of an umbrella VCC must not be used to discharge any liability of the VCC or any other sub‑fund of the VCC, including in the winding up of the VCC or the other sub‑fund; and

Editorial Chinese translation

(a) 伞型VCC某一子基金的资产不得用于清偿该VCC或该VCC任何其他子基金的负债，包括在该VCC或该其他子基金清盘时；以及

English original

(b) any liability of a sub-fund of an umbrella VCC must be discharged solely out of the assets of that sub‑fund, including in the winding up of the sub‑fund.

Editorial Chinese translation

(b) 伞型VCC某一子基金的任何负债必须仅以该子基金的资产清偿，包括在该子基金清盘时。

English original

(2) Any provision of the constitution of an umbrella VCC, an agreement, a contract or otherwise, is void to the extent that it is inconsistent with subsection (1), and any application of or agreement to apply assets in contravention of subsection (1) is likewise void.

Editorial Chinese translation

(2) 伞型VCC章程、协议、合同或其他文件中的任何规定，如与第(1)款不一致，则在不一致的范围内无效；任何违反第(1)款而运用资产或同意运用资产的行为亦属无效。

English original

(3) An umbrella VCC may allocate any assets or liabilities —

Editorial Chinese translation

(3) 伞型VCC可分配符合以下情形的任何资产或负债：

English original

(a) that it holds or incurs for the purpose of its sub‑funds or in order to enable the operation of the sub‑funds; and

Editorial Chinese translation

(a) 该伞型VCC为其子基金之目的或为使子基金能够运作而持有或发生的资产或负债；以及

English original

(b) that are not attributable to any particular sub‑fund,

Editorial Chinese translation

(b) 无法归属于任何特定子基金的资产或负债，

English original

between its sub-funds in a manner that it considers fair to shareholders.

Editorial Chinese translation

并可按其认为对股东公平的方式，在其各子基金之间分配该等资产或负债。

English original

(4) Where an umbrella VCC without reasonable excuse contravenes subsection (1), the VCC and every officer of the VCC who is in default shall each be guilty of an offence and shall each be liable on conviction —

Editorial Chinese translation

(4) 伞型VCC无合理理由而违反第(1)款的，该VCC及该VCC每名失责的高级人员均构成犯罪，并各自在定罪后承担以下责任：

English original

(a) if the offence was committed with intent to defraud any person, to a fine not exceeding $150,000; or

Editorial Chinese translation

(a) 如犯罪时意图欺诈任何人，处不超过150,000新加坡元的罚款；或

English original

(b) in any other case, to a fine not exceeding $50,000.

Editorial Chinese translation

(b) 在任何其他情况下，处不超过50,000新加坡元的罚款。

Section 97 — Annual return / 第97条 — 年度申报表

English original

97.—(1) Every VCC must lodge a return with the Registrar after its annual general meeting and within 7 months after the end of its financial year.

Editorial Chinese translation

97.—(1) 每家VCC均须在其年度股东大会后，并在其财政年度结束后7个月内，向注册官提交申报表。

English original

(2) The Registrar may, if the Registrar thinks there are special reasons to do so, extend any period within which a VCC must lodge a return under subsection (1) —

Editorial Chinese translation

(2) 注册官如认为存在特别理由，可在以下情况下延长VCC根据第(1)款提交申报表的期限：

English original

(a) upon an application by the VCC; or

Editorial Chinese translation

(a) 应该VCC的申请；或

English original

(b) in respect of any prescribed class of VCCs.

Editorial Chinese translation

(b) 就任何订明类别的VCC而言。

English original

(3) The return in subsection (1) —

Editorial Chinese translation

(3) 第(1)款所述申报表：

English original

(a) must be in such form;

Editorial Chinese translation

(a) 必须采用订明的格式；

English original

(b) must contain such particulars and information; and

Editorial Chinese translation

(b) 必须载有订明的详情及资料；以及

English original

Editorial Chinese translation

English original

as may be prescribed.

Editorial Chinese translation

具体以订明要求为准。

English original

(4) The particulars to be contained in, and the documents that are to accompany, the return in subsection (1) may differ according to the class or description of VCC prescribed.

Editorial Chinese translation

(4) 第(1)款所述申报表应载的详情及应随附的文件，可因所订明的VCC类别或描述而有所不同。

English original

(5) If a VCC is required under section 78(4) to hold an annual general meeting for a financial year after it has lodged its annual return for that financial year, the VCC must lodge a notice of the date on which the annual general meeting was held with the Registrar within 14 days after that date.

Editorial Chinese translation

(5) 如VCC在已提交某财政年度的年度申报表后，根据第78(4)条须就该财政年度举行年度股东大会，则该VCC须在大会举行之日后14日内，向注册官提交载明该年度股东大会举行日期的通知。

English original

(6) If a VCC fails to comply with this section, the VCC and every officer of the VCC who is in default shall each be guilty of an offence and shall each be liable on conviction to a fine not exceeding $10,000, and also to a default penalty.

Editorial Chinese translation

(6) VCC未遵守本条的，该VCC及该VCC每名失责的高级人员均构成犯罪，并各自在定罪后处不超过10,000新加坡元的罚款，另处失责罚金。

Section 99 — Accounting records and systems of control / 第99条 — 会计记录及控制制度

English original

99.—(1) Subject to section 5, section 199 of the Companies Act 1967 applies in relation to a VCC and a subsidiary company of a VCC, as it applies in relation to a company or public company, and a subsidiary company of a public company.

Editorial Chinese translation

99.—(1) 在第5条的规限下，《1967年公司法》第199条适用于VCC及VCC的附属公司，其适用方式与该条适用于公司或公众公司及公众公司的附属公司的方式相同。

English original

(2) In addition to the requirements of section 199 of the Companies Act 1967 as applied by subsection (1), an umbrella VCC must also —

Editorial Chinese translation

(2) 除第(1)款所适用的《1967年公司法》第199条的要求外，伞型VCC还必须：

English original

(a) keep separate accounting and other records for each sub‑fund —

Editorial Chinese translation

(a) 为每个子基金分别保存符合以下要求的会计及其他记录：

English original

(i) that sufficiently explain the transactions and financial position of the sub‑fund; and

Editorial Chinese translation

(i) 足以说明该子基金的交易及财务状况；以及

English original

(ii) that will enable true and fair financial statements, and any document required to be attached to those records, to be prepared from time to time; and

Editorial Chinese translation

(ii) 能够据以不时编制真实而公允的财务报表，以及须附于该等记录的任何文件；以及

English original

(b) devise and maintain a system of internal accounting controls sufficient to provide a reasonable assurance that —

Editorial Chinese translation

(b) 建立并维持足以就下列事项提供合理保证的内部会计控制制度：

English original

(i) assets of each sub-fund are safeguarded against loss from unauthorised use or disposition; and

Editorial Chinese translation

(i) 每个子基金的资产受到保障，不会因未经授权的使用或处置而发生损失；以及

English original

(ii) transactions of each sub-fund are properly authorised and that they are recorded as necessary to permit the preparation of true and fair financial statements of the VCC and to maintain accountability of assets.

Editorial Chinese translation

(ii) 每个子基金的交易均获适当授权，并按编制VCC真实而公允的财务报表及维持资产问责所需的方式予以记录。

English original

(3) The VCC mentioned in subsection (2) must —

Editorial Chinese translation

(3) 第(2)款所述VCC必须：

English original

(a) keep the records mentioned in subsection (2)(a) in a manner that will enable them to be conveniently and properly audited; and

Editorial Chinese translation

(a) 以便于对第(2)(a)款所述记录进行适当审计的方式保存该等记录；以及

English original

(b) keep any such record that relates to a particular transaction or operation for a period of not less than 5 years starting on the last day of the financial year in which the transaction or operation is completed.

Editorial Chinese translation

(b) 对与某项特定交易或业务有关的任何该等记录，自完成该交易或业务的财政年度最后一日起保存不少于5年。

English original

(4) Subject to section 5 and subsection (5), section 199(3), (4) and (5) of the Companies Act 1967 applies in relation to the records mentioned in subsection (2)(a) as it applies in relation to the accounting and other records of a company.

Editorial Chinese translation

(4) 在第5条及第(5)款的规限下，《1967年公司法》第199(3)、(4)及(5)条适用于第(2)(a)款所述记录，其适用方式与该等条款适用于公司的会计及其他记录的方式相同。

English original

(5) If subsection (2) or (3), or section 199(3) or (4) of the Companies Act 1967 as applied by subsection (4), is contravened, the VCC and every officer of the VCC who is in default shall each be guilty of an offence and shall each be liable on conviction to a fine not exceeding $10,000 or to imprisonment for a term not exceeding 12 months and also to a default penalty.

Editorial Chinese translation

(5) 如违反第(2)款或第(3)款，或违反经第(4)款适用的《1967年公司法》第199(3)或(4)条，该VCC及该VCC每名失责的高级人员均构成犯罪，并各自在定罪后处不超过10,000新加坡元的罚款或不超过12个月的监禁，另处失责罚金。

Section 100 — Financial statements and consolidated financial statements / 第100条 — 财务报表及合并财务报表

English original

100.—(1) The directors of every VCC must lay before the VCC at its annual general meeting the financial statements for the financial year in respect of which the annual general meeting is held.

Editorial Chinese translation

100.—(1) 每家VCC的董事须在该VCC年度股东大会上，向VCC提交举行该年度股东大会所涉及财政年度的财务报表。

English original

(2) Subject to section 201(12), (13) and (14) of the Companies Act 1967 as applied by subsection (6), the financial statements in subsection (1) must — (a) comply with the requirements of the Accounting Standards and give a true and fair view of the financial position and performance of the VCC and its sub-funds (if any); and (b) if the VCC is an umbrella VCC, contain separate accounts for each sub-fund that are prepared using the same Accounting Standards as those used to prepare the accounts of the VCC.

Editorial Chinese translation

(2) 在经第(6)款适用的《1967年公司法》第201(12)、(13)及(14)条规限下，第(1)款所述财务报表须：(a) 符合会计准则要求，并真实而公允地反映VCC及其子基金（如有）的财务状况和业绩；及 (b) 如VCC为伞型VCC，须载有每个子基金的独立账目，且使用与编制VCC账目相同的会计准则编制。

English original

(3) The directors of a VCC that is a parent company at the end of its financial year need not comply with subsection (1), but must cause to be made out and laid before the VCC at its annual general meeting — (a) consolidated financial statements dealing with the financial position and performance of the group for the financial year in respect of which the annual general meeting is held; and (b) a balance sheet dealing with the state of affairs of the VCC and its sub-funds (if any) at the end of its financial year.

Editorial Chinese translation

(3) 如VCC在财政年度结束时为母公司，其董事无须遵守第(1)款，但须安排编制并在年度股东大会上向VCC提交：(a) 反映举行该年度股东大会所涉及财政年度内集团财务状况及业绩的合并财务报表；及 (b) 反映VCC及其子基金（如有）在财政年度结束时事务状况的资产负债表。

English original

(4) Subject to section 201(12), (13) and (14) of the Companies Act 1967 as applied by subsection (6), the consolidated financial statements in subsection (3)(a) and the balance sheet in subsection (3)(b) must — (a) comply with the requirements of the Accounting Standards and give a true and fair view of the matters mentioned in subsection (3)(a) and (b) (respectively), so far as they concern members of the VCC; and (b) if the VCC is an umbrella VCC, contain separate accounts for each sub-fund that are prepared using the same Accounting Standards as those used to prepare the accounts of the VCC.

Editorial Chinese translation

(4) 在经第(6)款适用的《1967年公司法》第201(12)、(13)及(14)条规限下，第(3)(a)款的合并财务报表及第(3)(b)款的资产负债表须：(a) 符合会计准则要求，并在涉及VCC成员的范围内，分别真实而公允地反映第(3)(a)及(b)款所述事项；及 (b) 如VCC为伞型VCC，须载有每个子基金的独立账目，且使用与编制VCC账目相同的会计准则编制。

English original

(5) Before the financial statements in subsection (1) and the balance sheet in subsection (3)(b) are made out, the directors of the VCC must take reasonable steps — (a) to ascertain what action has been taken in relation to the writing off of bad debts and the making of provisions for doubtful debts, and to cause all known bad debts to be written off and adequate provision to be made for doubtful debts; (b) to ascertain whether any current assets (other than current assets to which paragraph (a) applies) are unlikely to realise in the ordinary course of business their value as shown in the accounting records of the VCC or its sub-funds (if any) and, if so, to cause — (i) those assets to be written down to an amount which they might be expected so to realise; or (ii) adequate provision to be made for the difference between the amount of the value as so shown and the amount that they might be expected so to realise; and (c) to ascertain whether any non-current asset is shown in the books of the VCC or its sub-funds (if any) at an amount which, having regard to its value to the VCC or the sub-fund (as the case may be) as a going concern, exceeds the amount which would be recoverable over its useful life or on its disposal and (unless adequate provision for writing down that asset is made) to cause to be included in the financial statements such information and explanations as will prevent the financial statements from being misleading by reason of the overstatement of the amount of that asset.

Editorial Chinese translation

(5) 在编制第(1)款的财务报表及第(3)(b)款的资产负债表前，VCC董事须采取合理步骤：(a) 查明有关核销坏账及计提呆账准备所采取的行动，并促使核销所有已知坏账及为呆账计提充足准备；(b) 查明任何流动资产（(a)项适用者除外）是否不大可能在正常业务过程中实现VCC或其子基金（如有）会计记录所列价值；如是，则促使：(i) 将该等资产减记至预期可实现的金额；或 (ii) 就账面所列价值与预期可实现金额之间的差额计提充足准备；及 (c) 查明VCC或其子基金（如有）账簿所列任何非流动资产的金额，考虑其对作为持续经营实体的VCC或子基金（视情况而定）的价值后，是否高于在其使用年限内或处置时可收回的金额；如是，除非已为该资产减记计提充足准备，否则须促使财务报表载入必要资料及说明，以防止该资产金额的高估导致财务报表产生误导。

English original

(6) Subject to section 5 and subsection (7), section 201(8) to (14), (16) and (17) of the Companies Act 1967 applies in relation to a VCC and its financial statements in subsection (1) or its consolidated financial statements and balance sheet in subsection (3) as they apply in relation to a company and its financial statements in section 201(1) of that Act or its consolidated financial statements and balance sheet in section 201(5) of that Act.

Editorial Chinese translation

(6) 在第5条及第(7)款规限下，《1967年公司法》第201(8)至(14)、(16)及(17)条适用于VCC及其第(1)款财务报表，或第(3)款合并财务报表及资产负债表，其适用方式与该等条款适用于公司及该法第201(1)条财务报表，或第201(5)条合并财务报表及资产负债表的方式相同。

English original

(7) For the purpose of subsection (6) — (a) a reference in section 201(9) and (16) of the Companies Act 1967 to Part 6 of that Act is to this Part; (b) the reference in section 201(12) and (13) of the Companies Act 1967 to section 201(1) or (5) of that Act is to subsection (1) or (3); (c) a reference in section 201(12), (13) and (14) of the Companies Act 1967 to the Accounting Standards is to the Accounting Standards as defined in section 2(1); (d) the reference in section 201(13) of the Companies Act 1967 to a matter required by section 201 of that Act to be dealt with in the financial statements or consolidated financial statements of a company, is to a matter required to be dealt with under subsection (2)(a) or (4)(a) (as the case may be) in the financial statements or consolidated financial statements of a VCC; (e) the reference in section 201(16) of the Companies Act 1967 to the Twelfth Schedule to that Act is to the Second Schedule; and (f) the reference in section 201(17) of the Companies Act 1967 to that Act is to this Act.

Editorial Chinese translation

(7) 为施行第(6)款：(a) 《1967年公司法》第201(9)及(16)条中对该法第6部的提述，指本部；(b) 《1967年公司法》第201(12)及(13)条中对该法第201(1)或(5)条的提述，指本条第(1)或(3)款；(c) 《1967年公司法》第201(12)、(13)及(14)条中对会计准则的提述，指第2(1)条所定义的会计准则；(d) 《1967年公司法》第201(13)条中对该法第201条要求在公司财务报表或合并财务报表中处理之事项的提述，指本条第(2)(a)或(4)(a)款（视情况而定）要求在VCC财务报表或合并财务报表中处理的事项；(e) 《1967年公司法》第201(16)条中对该法第十二附表的提述，指第二附表；及 (f) 《1967年公司法》第201(17)条中对该法的提述，指本法。

English original

(8) In this section, “Accounting Standards” means — (a) accounting standards made or formulated by the Accounting Standards Committee under Part 3 of the Accounting Standards Act 2007 and applicable to companies, with each reference to a company substituted with a reference to a VCC, and with such other modifications as may be prescribed; or (b) such other accounting standards or practices as may be prescribed.

Editorial Chinese translation

(8) 本条中，“会计准则”指：(a) 会计准则委员会根据《2007年会计准则法》第3部制定或拟定并适用于公司的会计准则，其中每项对公司的提述均替换为对VCC的提述，并作出可能订明的其他变通；或 (b) 可能订明的其他会计准则或惯例。

English original

(9) The Minister may, by order in the Gazette, in respect of VCCs of a specified class or description, substitute the whole or any part of other accounting standards specified in the order for the whole or any part of the Accounting Standards, as specified in the order.

Editorial Chinese translation

(9) 部长可通过宪报命令，就指定类别或描述的VCC，按命令所列方式，以命令中指定的其他会计准则全部或任何部分，替代会计准则的全部或任何部分。

English original

(10) The Minister may, by order in the Gazette, exempt the directors of any VCC that belongs to a specified class or description of VCCs, from having to ensure that the VCC’s financial statements or consolidated financial statements comply with all or any of the requirements of the Accounting Standards specified in the order.

Editorial Chinese translation

(10) 部长可通过宪报命令，豁免属于指定类别或描述之VCC的董事，使其无须确保VCC财务报表或合并财务报表遵守命令中指定的全部或任何会计准则要求。

Section 105 — Members entitled to financial statements, etc. / 第105条 — 成员取得财务报表等的权利

English original

105.—(1) A copy of the financial statements or (in the case of a VCC that is a parent company) of the consolidated financial statements and balance sheet (including every document required by law to be attached to them), which is duly audited and which (or which, but for section 102) is to be laid before the VCC in general meeting, must be sent to all persons entitled to receive notice of general meetings of the VCC — (a) at least 14 days before the date of the meeting; or (b) if the VCC is not required to hold an annual general meeting because of section 78(1)(a), not later than 5 months after the end of the financial year to which the documents relate.

Editorial Chinese translation

105.—(1) 经妥善审计且须在VCC股东大会上提交（或如非因第102条本应提交）的财务报表副本，或如VCC为母公司，则合并财务报表及资产负债表副本（包括法律要求附于其上的每份文件），须发送给所有有权接收VCC股东大会通知的人士：(a) 不迟于会议日期前14日；或 (b) 如VCC因第78(1)(a)条无须举行年度股东大会，不迟于相关文件所涉财政年度结束后5个月。

English original

(2) The documents mentioned in subsection (1) must be accompanied by a copy of the auditor’s report on them.

Editorial Chinese translation

(2) 第(1)款所述文件须附有审计师就该等文件出具的报告副本。

English original

(3) Despite subsection (1)(a), the documents mentioned in subsections (1) and (2) may be sent less than 14 days before the date of the meeting if all the persons entitled to receive notice of general meetings of the VCC so agree.

Editorial Chinese translation

(3) 尽管有第(1)(a)款，如所有有权接收VCC股东大会通知的人士均同意，第(1)及(2)款所述文件可在会议日期前不足14日发送。

English original

(4) On a request made to a VCC by — (a) any member of the VCC to whom the documents mentioned in subsections (1) and (2) have not been sent (whether or not the member is entitled to be sent such documents); or (b) any holder of a debenture, the VCC must, without charge, send to the member or holder the documents mentioned in subsections (1) and (2), as the case may be.

Editorial Chinese translation

(4) 如下列人士向VCC提出请求：(a) 未获发送第(1)及(2)款所述文件的任何VCC成员（不论其是否有权获发送该等文件）；或 (b) 任何债权证持有人，VCC须视情况免费向该成员或持有人发送第(1)及(2)款所述文件。

English original

(5) If subsection (1) or (4) is contravened, the VCC and every officer of the VCC who is in default (unless it is proved that the member or holder of a debenture in question has already made a request for and has been provided with a copy of the financial statements, or consolidated financial statements and balance sheet, and all documents mentioned in subsections (1) and (2)), shall each be guilty of an offence and shall each be liable on conviction to a fine not exceeding $5,000, and also to a default penalty.

Editorial Chinese translation

(5) 如违反第(1)或(4)款，该VCC及每名失责的VCC高级人员均构成犯罪，并各自在定罪后处不超过5,000新加坡元罚款，另处失责罚金；但如能证明有关成员或债权证持有人已提出请求，并已获提供财务报表副本，或合并财务报表及资产负债表副本，以及第(1)及(2)款所述全部文件，则除外。

English original

(6) In a case mentioned in subsection (1)(b), any member or auditor of the VCC may, by notice to the VCC not later than 14 days after the day on which the documents mentioned in subsections (1) and (2) were sent out, require that a general meeting be held for the purpose of laying those documents before the VCC.

Editorial Chinese translation

(6) 在第(1)(b)款所述情形中，VCC任何成员或审计师可在第(1)及(2)款所述文件发出之日后不迟于14日，通过向VCC发出通知，要求举行股东大会以向VCC提交该等文件。

English original

(7) Where a VCC is not required to hold an annual general meeting because of section 78(1)(b), any member or auditor of the VCC may, by notice to the VCC not later than 14 days after the day on which the documents mentioned in subsections (1) and (2) were sent out, require that a general meeting be held for the purpose of laying those documents before the VCC.

Editorial Chinese translation

(7) 如VCC因第78(1)(b)条无须举行年度股东大会，VCC任何成员或审计师可在第(1)及(2)款所述文件发出之日后不迟于14日，通过向VCC发出通知，要求举行股东大会以向VCC提交该等文件。

English original

(8) Section 78(5) applies, with the necessary modifications, to the giving of a notice under subsection (6) or (7).

Editorial Chinese translation

(8) 第78(5)条经必要变通后，适用于根据第(6)或(7)款发出通知。

English original

(9) The directors of the VCC must, within 14 days after the date of giving the notice in subsection (6) or (7), convene a meeting for the purpose mentioned in that subsection.

Editorial Chinese translation

(9) VCC董事须在第(6)或(7)款所述通知发出之日起14日内，召集会议以实现该款所述目的。

English original

(10) If subsection (9) is contravened — (a) each director in default shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $5,000; and (b) the Court may, on application of the member or auditor, order a general meeting to be called.

Editorial Chinese translation

(10) 如违反第(9)款：(a) 每名失责董事均构成犯罪，定罪后处不超过5,000新加坡元罚款；及 (b) 法院可应成员或审计师申请，命令召开股东大会。

English original

(11) Section 203A(1) to (7) of the Companies Act 1967 applies in relation to a VCC as it applies in relation to a company, subject to section 5 and the following modifications: (a) the reference in section 203A(1) of the Companies Act 1967 to section 203 of that Act is to subsections (1) to (10); (b) a reference in section 203A(1) and (4) of the Companies Act 1967 to copies of the documents mentioned in section 203(1) of the Companies Act 1967 is to copies of the documents mentioned in subsections (1) and (2); (c) the reference in section 203A(2) of the Companies Act 1967 to a member of a company or holder of a debenture entitled to be provided by the company with a copy of the documents mentioned in section 203(3) of the Companies Act 1967 is to a member of a VCC or holder of a debenture (as the case may be) mentioned in subsection (4); (d) the reference in section 203A(1), (5), (6) and (7) of the Companies Act 1967 to regulations is to regulations made under section 165.

Editorial Chinese translation

(11) 在第5条及以下变通规限下，《1967年公司法》第203A(1)至(7)条适用于VCC，其适用方式与该等条款适用于公司的方式相同：(a) 《1967年公司法》第203A(1)条中对该法第203条的提述，指本条第(1)至(10)款；(b) 《1967年公司法》第203A(1)及(4)条中对该法第203(1)条所述文件副本的提述，指本条第(1)及(2)款所述文件副本；(c) 《1967年公司法》第203A(2)条中对有权获公司提供该法第203(3)条所述文件副本之公司成员或债权证持有人的提述，指本条第(4)款所述VCC成员或债权证持有人（视情况而定）；(d) 《1967年公司法》第203A(1)、(5)、(6)及(7)条中对规例的提述，指根据第165条制定的规例。

English original

(12) Regulations made under section 165 may make provision to give effect to subsection (11), including the manner in which it is to be ascertained whether a member of a VCC wishes to receive copies of the documents mentioned in subsections (1) and (2) or does not wish to receive the summary financial statement under section 203A of the Companies Act 1967 as applied by subsection (11).

Editorial Chinese translation

(12) 根据第165条制定的规例可为实施第(11)款作出规定，包括如何确定VCC成员是否希望收到第(1)及(2)款所述文件副本，或是否不希望收到经第(11)款适用的《1967年公司法》第203A条所述财务报表摘要。

Section 107 — Appointment and remuneration of auditors / 第107条 — 审计师的委任及报酬

English original

107.—(1) Subject to section 5 and subsection (2), section 205 (except subsection (12A)) of the Companies Act 1967 applies in relation to a VCC as it applies in relation to a company.

Editorial Chinese translation

107.—(1) 在第5条及第(2)款的规限下，《1967年公司法》第205条（第(12A)款除外）适用于VCC，其适用方式与该条适用于公司的方式相同。

English original

(2) Where a VCC need not hold an annual general meeting for a financial year under section 78(1), and the auditor or auditors of the VCC is or are appointed by a resolution by written means under section 184A of the Companies Act 1967 (as applied by section 80(3)) by reason of section 78(7), the references in section 205(11) and (12) of the Companies Act 1967 to the date of an annual general meeting are to the time —

Editorial Chinese translation

(2) 如VCC根据第78(1)条无须就某财政年度举行年度股东大会，且因第78(7)条，VCC的审计师系通过《1967年公司法》第184A条（经第80(3)条适用）所规定的书面决议委任，则《1967年公司法》第205(11)及(12)条中对年度股东大会日期的提述，是指以下时间：

English original

(a) agreement to the resolution is sought in accordance with section 184C of the Companies Act 1967 (as applied by section 80(3)); or

Editorial Chinese translation

(a) 按照《1967年公司法》第184C条（经第80(3)条适用）征求对该决议同意的时间；或

English original

(b) documents mentioned in section 183(3A) of the Companies Act 1967 (as applied by section 80(1)) in respect of the resolution are served or made accessible in accordance with section 183(3A) of that Act (as applied by section 80(1)),

Editorial Chinese translation

(b) 就该决议而言，按照《1967年公司法》第183(3A)条（经第80(1)条适用），送达或提供查阅该条（经第80(1)条适用）所述文件的时间，

English original

as the case may be.

Editorial Chinese translation

视具体情况而定。

Section 29 — Segregated assets and liabilities of sub-funds / 第29条 — 子基金资产及负债的隔离​

Section 97 — Annual return / 第97条 — 年度申报表​

Section 99 — Accounting records and systems of control / 第99条 — 会计记录及控制制度​

Section 100 — Financial statements and consolidated financial statements / 第100条 — 财务报表及合并财务报表​

Section 105 — Members entitled to financial statements, etc. / 第105条 — 成员取得财务报表等的权利​

Section 107 — Appointment and remuneration of auditors / 第107条 — 审计师的委任及报酬​

Section 29 — Segregated assets and liabilities of sub-funds / 第29条 — 子基金资产及负债的隔离

Section 97 — Annual return / 第97条 — 年度申报表

Section 99 — Accounting records and systems of control / 第99条 — 会计记录及控制制度

Section 100 — Financial statements and consolidated financial statements / 第100条 — 财务报表及合并财务报表

Section 105 — Members entitled to financial statements, etc. / 第105条 — 成员取得财务报表等的权利

Section 107 — Appointment and remuneration of auditors / 第107条 — 审计师的委任及报酬