Singapore legislation

Clause 26

of Accounting and Corporate Regulatory Authority Bill

Clause 26

Pending proceedings

(1)

Any proceedings or cause of action pending or existing immediately before the appointed day by or against the Government or any person acting on its behalf in respect of the Registry of Companies and Businesses may be continued, completed and enforced by or against the Authority.

(2)

Any proceedings or cause of action pending or existing immediately before the appointed day by or against the Public Accountants Board or any person acting on its behalf may be continued, completed and enforced by or against the Authority.