Recognition has been accorded to Chartered Secretaries in Singapore in:
Companies Act (Cap. 50) Section 171 (1) (1A) (1AA) (c):
(1) Every company shall have one or more secretaries each of whom shall be a natural person who has his principal or only place of residence in Singapore and who is not debarred under section 155B from acting as secretary of the company.
(1A) It shall be the duty of the directors of a company to take all reasonable steps to secure that each secretary of the company is a person who appears to them to have the requisite knowledge and experience to discharge the functions of secretary of the company.
(1AA) In addition, it shall be the duty of the directors of a public company to take all reasonable steps to secure that each secretary of the company is a person who —
- on 15 May 1987 held the office of secretary in that company and continued to hold that office on 15 May 2003; or
- satisfies such requirements relating to experience, professional and academic requirements and membership of professional associations, as may be prescribed.
(1c) A person to whom subsection (1AA)(a) applies who, after 15th May 1987, becomes a secretary of another company and is not qualified to act as secretary under subsection (1AA)(b) shall not be regarded as being a person who is qualified to discharge the functions of secretary under this subsection.
Business Trust Act (Cap 31A) Section 7 (1) (b):
7. (1) The trustee-manager of a registered business trust shall ensure that its secretary is a person who —
- for at least 3 years in the period of 5 years immediately preceding his appointment as secretary, held the office of secretary of a company or trustee-manager of a registered business trust;
- is a qualified person under the Legal Profession Act (Cap. 161), a public accountant, a member of the Singapore Association of the Institute of Chartered Secretaries and Administrators or a member of such other professional association as may be prescribed; or
- is, by virtue of such academic or professional qualifications as may be prescribed, capable of discharging the functions of secretary of the trustee-manager.