Singapore legislation

Regulation 52

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

Regulation 52

Saving and transitional provisions for amendment of Singapore Tourism (Cess Collection) Act

Subregulation 1

Despite section 511(a) of the Act, section 24(1) of the Singapore Tourism (Cess Collection) Act (Cap. 305C) as in force immediately before 30 July 2020 continues to apply to or in relation to —

(a)

a bankrupt who is adjudged bankrupt pursuant to a bankruptcy application made before that date; or

(b)

a person dying insolvent and in respect of whom an order for the administration in bankruptcy of the estate of a deceased debtor is made under section 148 of the Bankruptcy Act pursuant to an application made before that date.

Subregulation 2

Despite section 511(b) of the Act, section 24(2) of the Singapore Tourism (Cess Collection) Act as in force immediately before 30 July 2020 continues to apply to or in relation to any company that is wound up pursuant to —

(a)

an order for winding up of the 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;

(c)

an application made before that date for the winding up of an unregistered company under section 351 of the Companies Act;

(d)

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

(e)

an application for winding up arising from a notice of commencement of liquidation or dissolution proceedings in its place of incorporation or origin that was lodged under section 377(2)(a) of the Companies Act before that date; or

(f)

an application for winding up arising from an application made before that date for recognition of a foreign proceeding under Article 15(1) of the Tenth Schedule to the Companies Act.