In force2020 Revised Edition

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Insolvency, Restructuring and Dissolution Act 2018 · 2020 Revised Edition · Part 11 · Cross-Border Insolvency

252. Model Law to have force of law

(1)

The Model Law (with certain modifications to adapt it for application in Singapore) as set out in the Third Schedule has the force of law in Singapore.

(2)

In the interpretation of any provision of the Third Schedule, the following documents are relevant documents for the purposes of section 9A(3)(f) of the Interpretation Act 1965:

(a)

any document relating to the Model Law that is issued by, or that forms part of the record on the preparation of the Model Law maintained by, the United Nations Commission on International Trade Law and its working group for the preparation of the Model Law;

(b)

the Guide to Enactment of the UNCITRAL Model Law on Cross‑Border Insolvency (UN document A/CN.9/442).