Singapore legislation
Regulation 2
of Companies (Approved Liquidators) (Transitional and Savings Provisions) Regulations 2004
Regulation 2
Persons approved as liquidators before 1st April 2004
Subregulation 1
Subject to paragraph (2), where —
a person has been approved by the Minister as a liquidator under section 9(3) of the Companies Act (Cap. 50) in force immediately before 1st April 2004; and
such approval (referred to in this regulation as the original approval) remained in force immediately before that date,the person shall be deemed to be approved by the Minister as a liquidator under section 9 (2) of that Act.
Subregulation 2
The deemed approval of a person as a liquidator under paragraph (1) shall —
be subject to the same limitation or condition imposed by the Minister in respect of the original approval; and
expire on the date on which the original approval would have expired if the Companies (Amendment) Act 2004 had not been enacted.