Singapore legislation

Clause 56

of Significant Investments Review Bill

Clause 56

Exemption

(1)

The Minister may, by order in the Gazette, exempt any person or class of persons from all or any of the provisions of this Act, either generally or in a particular case and subject to such conditions as the Minister may impose.

(2)

If the functions and powers of the Minister in respect of a designated entity have been transferred to a relevant Minister under section 6(2), that relevant Minister may, by order in the Gazette —

(a)

exempt that designated entity from part or all of the provisions mentioned in section 6(3)(b), subject to such conditions as the relevant Minister may impose; and

(b)

exempt any person or class of persons from part or all of the provisions mentioned in section 6(3)(b), in relation to that designated entity, subject to such conditions as the relevant Minister may impose.