Singapore legislation
Clause 152
Clause 152
Saving and transitional provisions for amendments to VCC Act
(1)
Despite section 128, section 16 of the VCC Act as in force immediately before the date of commencement of section 128 continues to apply in respect of any incorporation of a proposed VCC where —
documents for the incorporation had been lodged before that date; and
the Registrar had not registered or refused to register the proposed VCC under section 16(4) of that Act immediately before that date.
(2)
Despite section 138, section 72(1) of the VCC Act as in force immediately before the date of commencement of section 138 (called the old section 72(1)) continues to apply to a VCC in relation to any change mentioned in section 173A(1)(b) of the Companies Act 1967 as in force immediately before the date of commencement of section 63 (as applied by the old section 72(1)) that occurred before the date of commencement of section 138.
(3)
Despite section 139, section 74 of the VCC Act as in force immediately before the date of commencement of section 139 (called the old section 74) continues to apply in relation to a cessation or change mentioned in section 173E(1) or (4) of the Companies Act 1967 as in force immediately before the date of commencement of section 66 (as applied by the old section 74) that occurred before the date of commencement of section 139.