§ 386AN — Central register of controllers

386AN.—(1) This section applies where the Minister, by notification in the Gazette, directs the Registrar to maintain a central register of controllers of companies and foreign companies.[15/2017]

(2) Where the Minister has directed the Registrar to maintain a central register of controllers of companies and foreign companies under subsection (1) —(a)

the Registrar must keep a central register of controllers consisting of the particulars contained in the registers kept by companies and foreign companies to which this Part applies; and

(b)

the Registrar must require any company or foreign company to which this Part applies to lodge with the Registrar —(i)

all particulars contained in the company’s or foreign company’s register maintained under section 386AF (including the matters mentioned in section 386AFA(3)); and[Act 2 of 2022 wef 04/10/2022]

(ii)

all updates to the company’s or foreign company’s register that occur after the lodgment of the particulars under sub‑paragraph (i).[15/2017]

(3) Where the Registrar requires a company or foreign company to lodge with the Registrar the particulars, matters and updates mentioned in subsection (2)(b), the company or foreign company must lodge the particulars, matters and updates in the prescribed form and manner and within the prescribed time.[Act 2 of 2022 wef 30/05/2022]

(4) If a company or foreign company fails to comply with subsection (3), the company or foreign company, and every officer of the company or foreign company who is in default, shall each be guilty of an offence and shall each be liable on conviction to a fine not exceeding $25,000.[15/2017]

[Act 2 of 2022 wef 30/05/2022]

[Act 23 of 2024 wef 16/06/2025]

(5) Subject to subsection (6), the Registrar must not disclose, or make available for inspection, the central register of controllers of companies and foreign companies kept by the Registrar under this section to any member of the public.[Act 23 of 2024 wef 16/06/2025]

(6) The Registrar may disclose prescribed information in the central register of controllers of companies and foreign companies to prescribed persons under prescribed circumstances.[Act 23 of 2024 wef 16/06/2025]

(7) To avoid doubt, different information and persons may be prescribed under subsection (6) for different prescribed circumstances.[Act 23 of 2024 wef 16/06/2025]

—(1) This section applies where the Minister, by notification in the Gazette, directs the Registrar to maintain a central register of controllers of companies and foreign companies.[15/2017]

(2) Where the Minister has directed the Registrar to maintain a central register of controllers of companies and foreign companies under subsection (1) —(a)

the Registrar must keep a central register of controllers consisting of the particulars contained in the registers kept by companies and foreign companies to which this Part applies; and

(b)

the Registrar must require any company or foreign company to which this Part applies to lodge with the Registrar —(i)

all particulars contained in the company’s or foreign company’s register maintained under section 386AF (including the matters mentioned in section 386AFA(3)); and[Act 2 of 2022 wef 04/10/2022]

(ii)

all updates to the company’s or foreign company’s register that occur after the lodgment of the particulars under sub‑paragraph (i).[15/2017]

(3) Where the Registrar requires a company or foreign company to lodge with the Registrar the particulars, matters and updates mentioned in subsection (2)(b), the company or foreign company must lodge the particulars, matters and updates in the prescribed form and manner and within the prescribed time.[Act 2 of 2022 wef 30/05/2022]

(4) If a company or foreign company fails to comply with subsection (3), the company or foreign company, and every officer of the company or foreign company who is in default, shall each be guilty of an offence and shall each be liable on conviction to a fine not exceeding $25,000.[15/2017]

[Act 2 of 2022 wef 30/05/2022]

[Act 23 of 2024 wef 16/06/2025]

(5) Subject to subsection (6), the Registrar must not disclose, or make available for inspection, the central register of controllers of companies and foreign companies kept by the Registrar under this section to any member of the public.[Act 23 of 2024 wef 16/06/2025]

(6) The Registrar may disclose prescribed information in the central register of controllers of companies and foreign companies to prescribed persons under prescribed circumstances.[Act 23 of 2024 wef 16/06/2025]

(7) To avoid doubt, different information and persons may be prescribed under subsection (6) for different prescribed circumstances.[Act 23 of 2024 wef 16/06/2025]