Singapore legislation

Section 250Q

of Insolvency, Restructuring and Dissolution Act 2018

Section 250Q

Power to prescribe further disapplications or make further modifications

Amended by39/202039/2020

(1)

The Minister may, by order in the Gazette —

(a)

further disapply any provision of this Act (which would otherwise apply to or in relation to a company that is being wound up voluntarily) to or in relation to a company that is being wound up voluntarily under the simplified winding up programme; or

(b)

prescribe further modifications to any provision of this Act that applies (whether with or without modifications) to or in relation to a company that is being wound up voluntarily under the simplified winding up programme.

Amended by39/2020

(2)

An order under subsection (1) —

(a)

may be made at any time within the period of 2 years after 29 January 2021; and

(b)

must be presented to Parliament as soon as possible after publication in the Gazette.

Amended by39/2020