Singapore legislation
Clause 13
of Insolvency, Restructuring and Dissolution (Amendment) Bill
Clause 13
Saving and transitional provisions
(1)
Despite section 2(a), section 36(1)(a) of the principal Act as in force immediately before the date of commencement of section 2(a) continues to apply where the Court makes a bankruptcy order on a bankruptcy application made before that date.
(2)
Despite section 2(b), section 36(1)(b) of the principal Act as in force immediately before the date of commencement of section 2(b) continues to apply in relation to a bankruptcy order —
that was made on a bankruptcy application that was made before that date; and
that has not been discharged or annulled.
(3)
Section 318A of the principal Act (as inserted by section 6) does not apply where the Court hears a bankruptcy application made before the date of commencement of section 6.
(4)
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.