Singapore legislation

Clause 39

of Deposit Insurance and Policy Owners’ Protection Schemes (Amendment) Bill

Clause 39

Saving and transitional provisions

(1)

Section 77 of the principal Act as in force immediately before the date of commencement of section 27 continues to apply to the preparation of estimates relating to a financial year of the Agency that commences before 1 April 2019.

(2)

For a period of 2 years after the date of commencement of any provision of this Act, the Minister may, by regulations, prescribe such additional provisions of a saving or transitional nature consequent on the enactment of that provision as the Minister may consider necessary or expedient.

Clause 39 — Deposit Insurance and Policy Owners’ Protection Schemes (Amendment) Bill