Regulation 3
Prescribed companies under section 63(3) of Act
of Insolvency, Restructuring and Dissolution (Prescribed Companies and Entities) Order 2020
The following classes of companies are excluded from the definition of “company” for the purposes of section 63(3) of the Act:
a company that is a banking corporation;
a company that is an airport licensee licensed under section 36 of the Civil Aviation Authority of Singapore Act 2009;
a company that is a finance company licensed under section 6 of the Finance Companies Act 1967;
a company that is a securitisation special purpose vehicle;
a company that is a licensed insurer licensed under section 11 of the Insurance Act 1966;
a company that —
is a financial institution approved under, or treated as approved, under section 4 of the Financial Services and Markets Act 2022; or
holds a merchant bank licence, or is treated as having been granted a merchant bank licence, under the Banking Act 1970;
a company that is a specified telecommunication licensee declared under section 45 of the Telecommunications Act 1999;
a company that is a covered bond special purpose vehicle.