Singapore legislation
Regulation 3
of Insolvency, Restructuring and Dissolution (Saving and Transitional Provisions) Regulations 2020
Regulation 3
Additional transitional provisions
Subregulation 1
Section 440 of the Act does not apply to or in relation to any contract entered into before 30 July 2020.
Subregulation 2
Where there is any reference to the Official Assignee in any other written law which, in the context in which the term occurs, would be construed before 30 July 2020 as a reference to the Official Assignee appointed under section 17 of the Bankruptcy Act, and would be construed on or after that date as a reference to the Official Assignee appointed under section 16(1) of the Act, then unless the context otherwise requires, for the purpose of the operation of such other written law upon the commencement of Parts 3 and 13 to 22 and section 450 of the Act, any reference to the Official Assignee in that written law as in force immediately before that date is to be read as a reference to the Official Assignee appointed under section 16(1) of the Act, and anything that was commenced by, submitted to or lodged with the Official Assignee under that written law before that date may be carried on and completed by the Official Assignee appointed under section 16(1) of the Act, and for this purpose —
anything that was submitted to or lodged with the Official Assignee under that written law before that date is to be treated as having been submitted to or lodged with the Official Assignee appointed under section 16(1) of the Act; and
anything done by the Official Assignee under that written law before that date is to be treated as having been done by the Official Assignee appointed under section 16(1) of the Act.
Subregulation 3
In paragraph (2), “any other written law” excludes —
Parts 1 to 23 of the Act;
the Bankruptcy Act; and
the provisions of the Acts mentioned in sections 452 to 524 of the Act.
Subregulation 4
Where there is any reference to the Official Receiver in any other written law which, in the context in which the term occurs, would be construed before 30 July 2020 as a reference to the Official Receiver as defined in section 4(1) of the Companies Act, and would be construed on or after that date as a reference to the Official Receiver appointed under section 17(1) of the Act, then unless the context otherwise requires, for the purpose of the operation of such other written law upon the commencement of Parts 3 to 12 and 22 and section 451 of the Act, any reference to the Official Receiver in that written law as in force immediately before that date is to be read as a reference to the Official Receiver appointed under section 17(1) of the Act, and anything that was commenced by, submitted to or lodged with the Official Receiver under that written law before that date may be carried on and completed by the Official Receiver appointed under section 17(1) of the Act, and for this purpose —
anything that was submitted to or lodged with the Official Receiver under that written law before that date is to be treated as having been submitted to or lodged with the Official Receiver appointed under section 17(1) of the Act; and
anything done by the Official Receiver under that written law before that date is to be treated as having been done by the Official Receiver appointed under section 17(1) of the Act.
Subregulation 5
In paragraph (4), “any other written law” excludes —
Parts 1 to 23 of the Act;
the Companies Act; and
the provisions of the Acts mentioned in sections 452 to 524 of the Act.