Singapore legislation
Regulation 33
of Insolvency, Restructuring and Dissolution (Saving and Transitional Provisions) Regulations 2020
Regulation 33
Saving and transitional provisions for amendment of Land Titles (Strata) Act
Subregulation 1
Despite section 486 of the Act, section 83 of the Land Titles (Strata) Act (Cap. 158) as in force immediately before 30 July 2020 continues to apply to or in relation to any appointment made before that date under section 82 of the Land Titles (Strata) Act of a liquidator for the purpose of winding up the affairs and distributing the assets of a management corporation, and for this purpose section 526(2)(a) of the Act applies to or in relation to any liquidator who was appointed before that date under section 82 of the Land Titles (Strata) Act for the purpose of winding up the affairs and distributing the assets of the management corporation.
Subregulation 2
For the purposes of section 486 of the Act, section 527(1) and (3) of the Act applies as if —
the definition of “appointed day” in section 527(3) of the Act were amended by deleting the words “Division 3 of Part 3 comes” and substituting the words “Division 3 of Part 3 and section 486 come”; and
paragraph (a) of the definition of “relevant work” in section 527(3) of the Act were amended by inserting, immediately after the words “this Act”, the words “or acting as a liquidator of a management corporation under section 82 of the Land Titles (Strata) Act”.