/akn/sg/act/sub_leg/2018/IRDA-S618-2020

Insolvency, Restructuring and Dissolution (Composition of Offences) Regulations 2020

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Type
Subsidiary Legislation
Status
In force
Enacted
2018
Sections
4

Quick answer

About this subsidiary legislation

Insolvency, Restructuring and Dissolution (Composition of Offences) Regulations 2020 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation IRDA-S618-2020 2018, currently marked in force and first recorded in 2018.

Regulation 1

Citation and commencement

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These Regulations are the Insolvency, Restructuring and Dissolution (Composition of Offences) Regulations 2020 and come into operation on 30 July 2020.

Regulation 2

Compoundable offences under section 60 of Act

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An offence (other than a continuing offence) under section 57(5) or 58(3) of the Act may be compounded by the licensing officer in accordance with section 60(1) of the Act.

Regulation 3

Compoundable offences under section 271 of Act

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Subregulation 1

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The following offences may be compounded by the Official Receiver in accordance with section 271(1) of the Act:

(a)

an offence under section 71(8), 94(14), 166(10), 208(3) or 237(1) of the Act;

(b)

an offence (other than a further offence that is punishable with a default penalty under section 267(1) of the Act) under section 73(4), 81(3), 82(2), 83(4), 84(5), 85(6), 97(3), 100(9), 105(3), 106(4), 108(8), 111(8), 115(6), 132(3), 140(4), 141(5), 148(4), 149(6), 160(3), 165(7), 171(4), 179(3), 180(4), (8) or (9), 182(3), 186(5), 191(4), 192(1) or (2), 194(3) or 211(6) of the Act;

(c)

an offence under section 146(3) of the Act punishable under section 266(2) of the Act;

(d)

an offence (other than a continuing offence) under section 243(3) of the Act;

(e)

an offence under section 266(1) of the Act punishable under section 266(2) of the Act.

Subregulation 2

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The following offences may be compounded by the Registrar of Companies (if so authorised under section 271(3) of the Act) in accordance with section 271(4) of the Act:

(a)

an offence under section 71(8), 94(14) in respect of a contravention of section 94(5)(a), 166(10), 208(3) or 237(1) of the Act; (b)an offence (other than a further offence that is punishable with a default penalty under section 267(1) of the Act) under section 73(4), 81(3), 82(2), 83(4) in respect of a contravention of section 83(1)(c)(i), 85(6) in respect of a contravention of section 85(1)(a), 97(3), 100(9) in respect of a contravention of section 100(8), 105(3) in respect of a contravention of section 105(1)(a), 106(4) in respect of a contravention of section 106(6), 108(8), 111(8), 115(6), 132(3), 140(4), 141(5) in respect of a contravention of section 141(3)(a), 148(4), 149(6), 160(3), 165(7), 180(4) or (8), 182(3), 186(5), 191(4), 192(2), 194(3) or 211(6) of the Act;

(c)

an offence (other than a continuing offence) under section 243(3) of the Act;

(d)

an offence under section 266(1) of the Act punishable under section 266(2) of the Act, in respect of anything that the person is required or directed to do by the Registrar of Companies or any provision that the person contravenes or fails to comply with in relation to the Registrar of Companies.

Regulation 4

Compoundable offences under section 437 of Act

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The following offences may be compounded by the Official Assignee in accordance with section 437(1) of the Act:

(a)

an offence under section 38(3), 40(2), 44(7), 313(4), 334(6)(a), (b) or (c), 369(6), 398(2), 400(3), 401(3) or 403(3)(a) or (b) or (4) of the Act;

(b)

an offence (other than a continuing offence) under section 332(6)(a) or (b) or 333(2) of the Act;

(c)

an offence under any of the following sections of the Act punishable under section 417 of the Act:Section 405(1)(a) or (b), 412(1)(a), (b) or (c), 413(1)(a) or (b), 414(1)(a) or (b) or 415(a) or (b) of the Act.

Common questions

What is Insolvency, Restructuring and Dissolution (Composition of Offences) Regulations 2020?
Insolvency, Restructuring and Dissolution (Composition of Offences) Regulations 2020 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation IRDA-S618-2020 2018, currently marked in force and first recorded in 2018.
Is Insolvency, Restructuring and Dissolution (Composition of Offences) Regulations 2020 still in force?
Yes — Insolvency, Restructuring and Dissolution (Composition of Offences) Regulations 2020 is currently in force.
When did Insolvency, Restructuring and Dissolution (Composition of Offences) Regulations 2020 take effect?
Insolvency, Restructuring and Dissolution (Composition of Offences) Regulations 2020 was first recorded in 2018.
How many regulations does Insolvency, Restructuring and Dissolution (Composition of Offences) Regulations 2020 have?
Insolvency, Restructuring and Dissolution (Composition of Offences) Regulations 2020 contains 4 regulations.
Where can I read the official version of Insolvency, Restructuring and Dissolution (Composition of Offences) Regulations 2020?
The official text of Insolvency, Restructuring and Dissolution (Composition of Offences) Regulations 2020 is published at sso.agc.gov.sg.