Singapore legislation
Regulation 4
of Insolvency, Restructuring and Dissolution (Prescribed Companies and Entities) Order 2020
Regulation 4
Prescribed companies under sections 91(8)(d) and 94(13)(e) of Act
Amended byS 411/2021 wef 01/07/2021S 247/2023 wef 31/12/2021S 247/2023 wef 28/04/2023S 247/2023 wef 31/12/2021
The following companies are prescribed for the purposes of sections 91(8)(d) and 94(13)(e) of the Act:
(a)
a company that is a securitisation special purpose vehicle;
(b)
a company that is a covered bond special purpose vehicle;
(c)
a company that —
(i)
is a financial institution approved under, or treated as approved, under section 4 of the Financial Services and Markets Act 2022; or
(ii)
holds a merchant bank licence, or is treated as having been granted a merchant bank licence, under the Banking Act 1970.