Examples of Variable Capital Companies Act in a sentence
In executing these responsibilities, the Directors are bound by the duties imposed by the Variable Capital Companies Act as well as any other duties mandated by common law.
In dealing with any potential conflicts of interest, the Directors are obliged to act in the best interest of the Company and each Sub-Fund, pursuant to their duties imposed by the Variable Capital Companies Act as well as any other duties mandated by common law.
This Act may be cited as the Variable Capital Companies Act 2022.
The Company is an umbrella variable capital company incorporated in Singapore on 15 July 2020 under the Variable Capital Companies Act, with the company number T20VC0088A.
The assets and liabilities of the Fund have been segregated in accordance with Section 29 of the Variable Capital Companies Act 2018 of Singapore.
The assets and liabilities of the sub‑funds of the VCC are segregated in accordance with Section 29 of the Variable Capital Companies Act 2018.
The VCC will be regulated under the Variable Capital Companies Act 2018 (“VCCA”), which has not come into force as at August 2019, as well as various proposed items of subsidiary legislation that have not been passed.
Subsequently, on 15 January 2020, RAIC VCC received a Notice of Transfer of Registration under the Variable Capital Companies Act ("VCCA") of the Republic of Singapore to operate as a non-umbrella variable capital company limited by shares and has been a variable capital company registered in Singapore since that date.
LC Vision Capital VCC is an umbrella variable capital company incorporated under the Variable Capital Companies Act 2018 of Singapore managed by Sino Suisse Capital Pte.
The Variable Capital Companies Act 2018 (“VCC Act”) came into operation on 14 January 2020.