Apply for demerger clearance

About this business activity

Applying for Demerger clearance can help ensure a Demerger is legal & will not be challenged, protecting shareholder interests, & ensuring the Demerger is fair to all parties.

Section 1091 Clearance Application For Statutory Demerger

This is an application for clearance under section 1091 of the Corporation Tax Act 2010 that a distribution is an exempt distribution, in the form of a Statutory demerger clearance application.

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πŸ“ Demerger clearance application

A demerger clearance application is a request to the Competition Commission of Singapore (CCS) for approval of a proposed merger or acquisition, in order to assess whether the merger or acquisition would result in a substantial lessening of competition within any market in Singapore. The CCS may grant approval for the proposed merger or acquisition, with or without conditions, if it is satisfied that the merger or acquisition would not result in a substantial lessening of competition within any market in Singapore.

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