Singapore legislation

Section 72U

of Insolvency, Restructuring and Dissolution Act 2018

Section 72U

Power to prescribe further modifications and amendments

Amended by39/202039/202039/2020

(1)

The Minister may, by order in the Gazette —

(a)

make further modifications to any provision of this Act for its application to or in relation to a company accepted into the simplified debt restructuring programme; or

(b)

make modifications or amendments to any provision of any specified Act for its application to or in relation to a company accepted into the simplified debt restructuring programme, that are consequential on the enactment of this Part.

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

(3)

In this section, “specified Act” means any of the following:

(a)

the Bus Services Industry Act 2015;

(b)

the Civil Aviation Authority of Singapore Act 2009;

(c)

the Companies Act 1967;

(d)

the Consumer Protection (Fair Trading) Act 2003;

(e)

the Cross-Border Railways Act 2018;

(f)

the District Cooling Act 2001;

(g)

the Electricity Act 2001;

(h)

the Environmental Public Health Act 1987;

(i)

the Gas Act 2001;

(j)

the International Interests in Aircraft Equipment Act 2009;

(k)

the Maritime and Port Authority of Singapore Act 1996;

(l)

the Monetary Authority of Singapore Act 1970;

(m)

the Pawnbrokers Act 2015;

(n)

the Public Utilities Act 2001;

(o)

the Rapid Transit Systems Act 1995;

(p)

the Securities and Futures Act 2001;

(q)

the Telecommunications Act 1999.

Amended by39/2020
Section 72U — Insolvency, Restructuring and Dissolution Act 2018