/akn/sg/act/sub_leg/2018/IRDA-S295-2026

Insolvency, Restructuring and Dissolution (Exemption from Section 412(1)(d)) Order 2026

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Type: Subsidiary Legislation
Status: In force
Enacted: 2018
Sections: 3

Quick answer

About this subsidiary legislation

Insolvency, Restructuring and Dissolution (Exemption from Section 412(1)(d)) Order 2026 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation IRDA-S295-2026 2018, currently marked in force and first recorded in 2018.

Regulation 1

Citation and commencement

This Order is the Insolvency, Restructuring and Dissolution (Exemption from Section 412(1)(d)) Order 2026 and comes into operation on 22 May 2026.

Regulation 2

Definitions

In this Order —“chips” and “special employee” have the meanings given by section 2(1) of the Casino Control Act 2006;“gaming machine” has the meaning given by section 7(6) of the Gambling Control Act 2022;“gaming machine licensee” means a person to whom a licence is granted under section 54 of the Gambling Control Act 2022 to conduct gaming involving gaming machines;“general remote gambling” has the meaning given by section 11(1) of the Gambling Control Act 2022;“patron” and “patron account” have the meanings given by section 139(5) of the Casino Control Act 2006.

Definition

“chips” and “special employee” have the meanings given by section 2(1) of the Casino Control Act 2006;

Definition

“gaming machine” has the meaning given by section 7(6) of the Gambling Control Act 2022;

Definition

“gaming machine licensee” means a person to whom a licence is granted under section 54 of the Gambling Control Act 2022 to conduct gaming involving gaming machines;

Definition

“general remote gambling” has the meaning given by section 11(1) of the Gambling Control Act 2022;

Definition

“patron” and “patron account” have the meanings given by section 139(5) of the Casino Control Act 2006.

Regulation 3

Exemptions

The following classes of persons are exempt from section 412(1)(d) of the Act:

(a)

any special employee who receives money, chips, or other consideration, from a patron, or from a person acting on behalf of a patron, for the purpose of depositing the money, chips, or other consideration, into a patron account to engage in gambling in a casino;

(b)

any employee of Singapore Pools (Private) Limited who receives money from a customer, or from a person acting on behalf of a customer, for the purpose of depositing the money into an account with Singapore Pools (Private) Limited to engage in general remote gambling;

(c)

any employee of a gaming machine licensee who receives money from a customer, or from a person acting on behalf of a customer, as advance payment for the use of gaming machines.

Common questions

What is Insolvency, Restructuring and Dissolution (Exemption from Section 412(1)(d)) Order 2026?: Insolvency, Restructuring and Dissolution (Exemption from Section 412(1)(d)) Order 2026 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation IRDA-S295-2026 2018, currently marked in force and first recorded in 2018.
Is Insolvency, Restructuring and Dissolution (Exemption from Section 412(1)(d)) Order 2026 still in force?: Yes — Insolvency, Restructuring and Dissolution (Exemption from Section 412(1)(d)) Order 2026 is currently in force.
When did Insolvency, Restructuring and Dissolution (Exemption from Section 412(1)(d)) Order 2026 take effect?: Insolvency, Restructuring and Dissolution (Exemption from Section 412(1)(d)) Order 2026 was first recorded in 2018.
How many regulations does Insolvency, Restructuring and Dissolution (Exemption from Section 412(1)(d)) Order 2026 have?: Insolvency, Restructuring and Dissolution (Exemption from Section 412(1)(d)) Order 2026 contains 3 regulations.
Where can I read the official version of Insolvency, Restructuring and Dissolution (Exemption from Section 412(1)(d)) Order 2026?: The official text of Insolvency, Restructuring and Dissolution (Exemption from Section 412(1)(d)) Order 2026 is published at sso.agc.gov.sg.