Singapore legislation
Regulation 43
of Insolvency, Restructuring and Dissolution (Saving and Transitional Provisions) Regulations 2020
Regulation 43
Saving and transitional provisions for amendment of Mutual Benefit Organisations Act
Subregulation 1
Despite section 496(a) of the Act, section 31(1)(e) of the Mutual Benefit Organisations Act (Cap. 191) as in force immediately before 30 July 2020, read with the Companies Act, continues to apply to or in relation to the winding up of the affairs of a mutual benefit organisation in respect of which registration is cancelled before that date.
Subregulation 2
For the purposes of regulation 3(4), the references in section 31(1)(a), (b) and (d), and the first reference in section 31(1)(e), of the Mutual Benefit Organisations Act as in force immediately before 30 July 2020 to the Official Receiver are to be read as a reference to the Official Receiver appointed under section 17(1) of the Act on that date.