Singapore legislation
Regulation 36
of Insolvency, Restructuring and Dissolution (Saving and Transitional Provisions) Regulations 2020
Regulation 36
Saving and transitional provisions for amendment of Limited Liability Partnerships Act
Subregulation 1
For the purpose of section 489(a) of the Act, any reference to the Official Receiver in —
section 2 (definition of “liquidator”) of the Limited Liability Partnerships Act (Cap. 163A);
section 34(1), (3), (4), (11), (12) and (15) of the Limited Liability Partnerships Act;
paragraph 2(1)(d) of the Fourth Schedule to the Limited Liability Partnerships Act; and
paragraphs 9(2)(a), 11(a), (b), (d), (e), (f) and (h), 12 to 15, 16(2), (3) and (6), 18(1) to (4), 19(1) and (2), 24(2)(a) and (b) and (6), 26(3), 37(1), (3) and (4), 42(4), 55(2), (3), (5) and (7), 60(2) and (3), 61(1) and (2), 63(1) and (3), 64(1), (3) and (6) and 65(1), 69(1), (2), (6) and (7), 71(1) and (2), 86(6), 96(3), (6) and (8), 97(2), 98(1) and (2), 99(1) and (2), 100(1) to (4), 101 and 102(1) of the Fifth Schedule to the Limited Liability Partnerships Act,as in force immediately before 30 July 2020 is to be read as a reference to the Official Receiver within the meaning given by section 2(1) of the Act.
Subregulation 2
Despite section 489(b) of the Act, section 19A(2)(c) of the Limited Liability Partnerships Act as in force immediately before 30 July 2020 continues to apply to or in relation to a limited liability partnership that seeks to be registered under, or seeks to change its name to, a name that is identical to the name of a company that was dissolved following its winding up under Part X of the Companies Act.
Subregulation 3
Despite section 489(c) of the Act, paragraph 2(1) of the Fourth Schedule to the Limited Liability Partnerships Act as in force immediately before 30 July 2020 continues to apply to or in relation to a limited liability partnership in respect of which a receiver is appointed (whether by an order of the court or under any powers contained in any instrument) before that date.
Subregulation 4
For the purpose of section 489(c) 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 489(c) 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 receiver or manager of the property of a limited liability partnership under the Fourth Schedule to the Limited Liability Partnerships Act read with section 29 of the Limited Liability Partnerships Act”.
Subregulation 5
Despite section 489(e), (g) and (h) of the Act, paragraphs 10(1)(a), 11 and 15 of the Fifth Schedule to the Limited Liability Partnerships Act as in force immediately before 30 July 2020, read with the definition of “approved liquidator” in paragraph 1 of the Fifth Schedule to the Limited Liability Partnerships Act as in force immediately before that date, continue to apply to or in relation to a limited liability partnership in respect of which an application for winding up was made before that date, and for this purpose section 526(2)(a) of the Act applies to or in relation to any appointment of a provisional liquidator or liquidator of such a limited liability partnership.
Subregulation 6
For the purposes of section 489(f), (g) and (h) 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 489(f), (g) and (h) 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 limited liability partnership under the Fifth Schedule to the Limited Liability Partnerships Act read with section 30 of the Limited Liability Partnerships Act”.