Companies Act (Cap. 50): Primary legislation governing share transfers, including Sections 130A-130AD (transfer of shares), 126 (registration), 127 (power to refuse registration), and 128 (validation of shares). Key foundation for any share transfer documentation.
Securities and Futures Act (Cap. 289): Regulates securities trading and transfer requirements, particularly relevant for listed companies. Includes disclosure obligations and transfer regulations for securities.
Stamp Duties Act (Cap. 312): Governs stamp duty requirements for share transfers, with current rate at 0.2% of purchase price or market value. Section 67 specifically deals with share transfer duties.
Company Constitution: Company's governing document that may contain specific requirements or restrictions on share transfers, including pre-emptive rights and board approval requirements.
Corporations (Electronic Lodgment) Rules: Specifies requirements and procedures for electronic submission of transfer documents and related corporate filings.
Personal Data Protection Act 2012: Regulates the collection, use, and disclosure of personal data of parties involved in the share transfer process.
ACRA Requirements: Regulatory requirements set by the Accounting and Corporate Regulatory Authority for share transfers and corporate documentation.
Stock Exchange Requirements: Additional requirements if the company is listed on a stock exchange, including specific transfer procedures and disclosure obligations.
Shareholders' Agreement: May contain additional transfer restrictions, rights, and obligations affecting share transfers between shareholders.
AML/CFT Requirements: Anti-Money Laundering and Countering the Financing of Terrorism requirements for verification of parties involved in the share transfer.
