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Land Transport Authority of Singapore (Amendment) Bill

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Type
Bill
Status
In force
Enacted
2006
Sections
3

Quick answer

About this bill

Land Transport Authority of Singapore (Amendment) Bill is Singapore Bill, cited as Bill 23 2006, currently marked in force and first recorded in 2006.

Clause 1

Short title and commencement

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This Act may be cited as the Land Transport Authority of Singapore (Amendment) Act 2006 and shall come into operation on such date as the Minister may, by notification in the Gazette, appoint.

Clause 2

Amendment of section 6

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Section 6 of the Land Transport Authority of Singapore Act is amended by inserting, immediately after subsection (1), the following subsection:“(1A) Subject to the provisions of this Act, it shall be a function of the Authority to develop and manage, or participate in the development and management of, land transport systems, whether in Singapore or elsewhere.”.

Clause 3

Amendment of section 7

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Section 7 of the Land Transport Authority of Singapore Act is amended —

(a)

by deleting the words “, to promote the formation of an incorporated company or participate in the promotion of such company” in subsection (1)(e);

(b)

by deleting paragraph (f) of subsection (1) and substituting the following paragraphs:“(f)to form or participate in the formation of any company or corporation, or enter into any joint venture or partnership, whether in Singapore or elsewhere;

(fa)to participate in any overseas venture or development which the Authority has the expertise to engage in or undertake;

(fb)to establish and maintain offices, whether in Singapore or elsewhere;

(fc)to grant loans, and to guarantee the repayment of any loan granted, to any company or corporation —

(i)

of which the Authority, or any subsidiary of the Authority, is a member; or

(ii)

any shares of which are held or beneficially owned, directly or indirectly, by the Authority or any subsidiary of the Authority;”;

(c)

by deleting the words “, to land transport authorities of other countries” in subsection (1)(i) and substituting the words “and consultancy services, to any person as respects any matter in which the Authority has skill or experience”; and

(d)

by inserting, immediately after subsection (3), the following subsection:“(4) In subsection (1)(fc), “subsidiary” has the same meaning as in section 5 of the Companies Act (Cap. 50).”.

Common questions

What is Land Transport Authority of Singapore (Amendment) Bill?
Land Transport Authority of Singapore (Amendment) Bill is Singapore Bill, cited as Bill 23 2006, currently marked in force and first recorded in 2006.
Is Land Transport Authority of Singapore (Amendment) Bill still in force?
Yes — Land Transport Authority of Singapore (Amendment) Bill is currently in force.
When did Land Transport Authority of Singapore (Amendment) Bill take effect?
Land Transport Authority of Singapore (Amendment) Bill was first recorded in 2006.
How many clauses does Land Transport Authority of Singapore (Amendment) Bill have?
Land Transport Authority of Singapore (Amendment) Bill contains 3 clauses.
Where can I read the official version of Land Transport Authority of Singapore (Amendment) Bill?
The official text of Land Transport Authority of Singapore (Amendment) Bill is published at sso.agc.gov.sg.