Singapore legislation
Regulation 14
of Insolvency, Restructuring and Dissolution (Saving and Transitional Provisions) Regulations 2020
Regulation 14
Saving and transitional provisions for amendment of Consumer Protection (Fair Trading) Act
Subregulation 1
Despite section 451(16) of the Act, section 9(4)(d)(iv) of the Consumer Protection (Fair Trading) Act (Cap. 52A) as in force immediately before 30 July 2020, read with section 211I of the Companies Act, continues to apply to or in relation to a supplier that made an application under section 211I of the Companies Act for the approval of the Court in relation to a compromise or arrangement before that date, as if section 451(16) of the Act had not been enacted.
Subregulation 2
Despite section 463(b) of the Act, section 9(4)(d)(v) of the Consumer Protection (Fair Trading) Act as in force immediately before 30 July 2020 continues to apply to a supplier in respect of which an appointment was made before that date of a receiver or manager of the property of the supplier (being a company) or of the property in Singapore of the supplier (being any other corporation).
Subregulation 3
Despite section 463(c) of the Act, section 9(4)(d)(vi) of the Consumer Protection (Fair Trading) Act as in force immediately before 30 July 2020 continues to apply to a supplier that is placed under judicial management —
pursuant to an application made before that date for a judicial management order under section 227B(1) of the Companies Act; or
arising from an application made before that date for recognition of a foreign proceeding under Article 15(1) of the Tenth Schedule to the Companies Act.
Subregulation 4
Despite section 463(d) of the Act, section 9(4)(d)(vii) of the Consumer Protection (Fair Trading) Act as in force immediately before 30 July 2020 continues to apply to a supplier that is wound up pursuant to —
an order for winding up of a company made under section 216(2)(f) of the Companies Act before that date;
an application for winding up made under section 253 of the Companies Act before that date;
an application made before that date for the winding up of an unregistered company under section 351 of the Companies Act;
a voluntary winding up that commenced within the meaning of section 291(6) of the Companies Act before that date;
an application for winding up arising from a notice of commencement of liquidation or dissolution proceedings in its place of incorporation or origin that was lodged under section 377(2)(a) of the Companies Act before that date; or
an application for winding up arising from an application made before that date for recognition of a foreign proceeding under Article 15(1) of the Tenth Schedule to the Companies Act.