Singapore legislation

Clause 25

of Timber Industry Board (Incorporation) Bill

Clause 25

Effect of revocation of licence

(1)

Where an order of revocation becomes effective under section 24, the licensee concerned shall cease to export timber or carry on business as an exporter.

(2)

The provisions of subsection (1) shall not prejudice the enforcement by any person of any right or claim against the licensee concerned or by the licensee concerned of any right or claim against any person arising out of or concerning any matter or thing done prior to the revocation of the licence.

Clause 25 — Timber Industry Board (Incorporation) Bill