Singapore legislation
Regulation 18
of Insolvency, Restructuring and Dissolution (Saving and Transitional Provisions) Regulations 2020
Regulation 18
Saving and transitional provisions for amendment of District Cooling Act
Subregulation 1
Despite section 469(b) of the Act, section 22(4)(b) of the District Cooling Act (Cap. 84A) as in force immediately before 30 July 2020 continues to apply to or in relation to a licensee in respect of which an application for a judicial management order was made before that date under the Companies Act.
Subregulation 2
Section 469(c) and (d) of the Act does not apply to or in relation to any application under section 210 of the Companies Act made before 30 July 2020 in relation to a company that is a licensee under the District Cooling Act.
Subregulation 3
Despite section 469(d) of the Act, section 22(5) of the District Cooling Act as in force immediately before 30 July 2020 continues to apply to or in relation to any proceedings relating to the winding up of the affairs of a company that is a licensee under the District Cooling Act, being proceedings arising from —
an order for winding up of the 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;
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 made before that date for recognition of a foreign proceeding under Article 15(1) of the Tenth Schedule to the Companies Act.