Singapore legislation

Regulation 35

of Insolvency, Restructuring and Dissolution (Saving and Transitional Provisions) Regulations 2020

Regulation 35

Saving and transitional provisions for amendment of Legal Profession Act

Subregulation 1

Despite section 488(a) of the Act —

(a)

section 82A(3)(b) of the Legal Profession Act (Cap. 161) as in force immediately before 30 July 2020 continues to apply to or in relation to a Legal Service Officer or non-practising solicitor who is adjudged bankrupt pursuant to a bankruptcy application made before that date;

(b)

section 82B(2)(c) of the Legal Profession Act as in force immediately before 30 July 2020 continues to apply to or in relation to a regulated non‑practitioner who is adjudged bankrupt pursuant to a bankruptcy application made before that date;

(c)

section 83(2)(c) of the Legal Profession Act as in force immediately before 30 July 2020 continues to apply to or in relation to an advocate and solicitor who is adjudged bankrupt pursuant to a bankruptcy application made before that date; and

(d)

section 83A(2)(c) of the Legal Profession Act as in force immediately before 30 July 2020 continues to apply to or in relation to a regulated foreign lawyer who is adjudged bankrupt pursuant to a bankruptcy application made before that date.

Subregulation 2

Despite section 488(b) and (c) of the Act, section 160(1) and (2) of the Legal Profession Act as in force immediately before 30 July 2020 continues to apply to or in relation to a law corporation that is wound up pursuant to —

(a)

an order for winding up of a company made under section 216(2)(f) of the Companies Act before that date;

(b)

an application for winding up made under section 253 of the Companies Act before that date; or

(c)

a voluntary winding up that commenced within the meaning of section 291(6) of the Companies Act before that date.

Subregulation 3

Despite section 488(d) of the Act, paragraph 5(1) of the First Schedule to the Legal Profession Act as in force immediately before 30 July 2020 continues to apply to or in relation to a law corporation that is —

(a)

placed under judicial management pursuant to an application made before that date under section 227B(1) of the Companies Act; or

(b)

wound up pursuant to —

(i)

an order for winding up of a company made under section 216(2)(f) of the Companies Act before that date;

(ii)

an application for winding up made under section 253 of the Companies Act before that date; or

(iii)

a voluntary winding up that commenced within the meaning of section 291(6) of the Companies Act before that date.

Read in full context — Insolvency, Restructuring and Dissolution (Saving and Transitional Provisions) Regulations 2020 →