Singapore legislation
Clause 71
Clause 71
Operation of this Act not to affect Companies Act
(1)
Except as expressly provided by this Act, nothing in this Act shall affect the operation of the Companies Act (Cap. 50), and any designated financial holding company that is liable to be incorporated under that Act shall continue to be so liable as if this Act had not been passed.
(2)
In case of conflict between the Companies Act and this Act, the provisions of this Act shall prevail unless otherwise provided in this Act.