Singapore legislation

Clause 466

of Insolvency, Restructuring and Dissolution Bill

Clause 466

Amendment of Corruption, Drug Trafficking and Other Serious Crimes (Confiscation of Benefits) Act

The Corruption, Drug Trafficking and Other Serious Crimes (Confiscation of Benefits) Act (Cap. 65A, 2000 Ed.) is amended —

(a)

by deleting the words “section 90 of the Bankruptcy Act (Cap. 20)” in section 12(6)(a) and substituting the words “section 352 of the Insolvency, Restructuring and Dissolution Act 2018”;

(b)

by deleting the words “section 328 of the Companies Act (Cap. 50)” in section 12(6)(b) and substituting the words “section 203 of the Insolvency, Restructuring and Dissolution Act 2018”;

(c)

by deleting the words “Bankruptcy Act (Cap. 20)” in section 23(1) and (3) and substituting in each case the words “Insolvency, Restructuring and Dissolution Act 2018”;

(d)

by deleting the words “Bankruptcy Act” in section 23(2)(a) and (5)(a) and substituting in each case the words “Insolvency, Restructuring and Dissolution Act 2018”;

(e)

by deleting the words “section 78(2)” in section 23(2)(b) and substituting the words “section 329(2)”;

(f)

by deleting the words “section 124(3)(c)” in section 23(2)(c) and substituting the words “section 394(3)(c)”;

(g)

by deleting the words “section 73 of the Bankruptcy Act” in section 23(5) and substituting the words “section 324 of the Insolvency, Restructuring and Dissolution Act 2018”;

(h)

by deleting the words “section 127(2) of the Bankruptcy Act” in section 23(6) and substituting the words “section 397(2) of the Insolvency, Restructuring and Dissolution Act 2018”;

(i)

by deleting the words “Companies Act (Cap. 50)” in section 24(3) and substituting the words “Insolvency, Restructuring and Dissolution Act 2018”; and

(j)

by deleting the words “Companies Act” in the definition of “company” in section 24(5) and substituting the words “Insolvency, Restructuring and Dissolution Act 2018”.

Read in full context — Insolvency, Restructuring and Dissolution Bill →