Singapore legislation
Regulation 27
of Insolvency, Restructuring and Dissolution (Saving and Transitional Provisions) Regulations 2020
Regulation 27
Saving and transitional provisions for amendment of Gas Act
Subregulation 1
Despite section 480(b) of the Act, section 34(5) of the Gas Act (Cap. 116A) as in force immediately before 30 July 2020 continues to apply to or in relation to a gas licensee in respect of which an application under section 34(1) of the Gas Act was made before that date.
Subregulation 2
Despite section 480(c) of the Act, section 34(6)(b) of the Gas Act as in force immediately before 30 July 2020 continues to apply to or in relation to a gas licensee in respect of which an application for a judicial management order was made before that date under the Companies Act.
Subregulation 3
Section 480(d), (e) and (f) 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 gas licensee.
Subregulation 4
Despite section 480(f) of the Act, section 34(7) of the Gas 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 gas licensee, being proceedings arising from —
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;
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.