Singapore legislation
Regulation 7
of Gas (Transfer of Property, Rights, Obligations and Liabilities under section 98) Regulations
Regulation 7
Delivery and continuing obligation to provide documents and information
Subregulation 1
SembGas shall, on the Appointed Day, deliver to PowerGas, at Tiong Bahru District Office, 950 Tiong Bahru Road, Singapore 158793, the following:
the Assets (to the extent they are capable of actual or constructive delivery); and
the documents specified in Part II of the First Schedule, or copies thereof as may be agreed between SembGas and PowerGas.
Subregulation 2
SembGas shall effect delivery of the Assets not capable of actual or constructive delivery by making the Assets available to PowerGas on the Appointed Day.
Subregulation 3
SembGas shall, for a period of 12 months commencing on the Appointed Day, provide PowerGas with such documents and information (other than the documents referred to in paragraph (1)(b) and any information contained therein) as PowerGas may reasonably require for the matters referred to in paragraph 1(d) of the directions issued by the Minister on 10th March 2008 under section 101 of the Act.
Subregulation 4
If any person fails to comply with paragraph (1), (2) or (3), that person shall be guilty of an offence and shall be liable on conviction to a fine not exceeding 10% of the annual turnover of SembGas’ gas business ascertained from its latest audited accounts, or an amount not exceeding $1 million, whichever is the higher, or to imprisonment for a term not exceeding 12 months or to both and, in the case of a continuing offence, to a further fine not exceeding $100,000 for every day or part thereof during which the offence continues after conviction.
Subregulation 5
The obligation of SembGas to comply with paragraphs (1), (2) and (3) shall be a duty owed to PowerGas and any breach of such duty shall be actionable at the suit or instance of PowerGas who shall have a right of action for relief in civil proceedings in a court under this regulation against SembGas.