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Prescribed companies for purposes of definitions of “company” in sections 72A and 250A of Act

Insolvency, Restructuring and Dissolution (Prescribed Companies for Purposes of Sections 72A and 250A) Order 2021

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The following classes of companies are excluded for the purposes of the definition of “company” in section 72A of the Act and the definition of “company” in section 250A of the Act:(a)a company that is a public bus operator holding a Class 1 bus service licence under the Bus Services Industry Act 2015;(b)a company that is an airport licensee licensed under section 36 of the Civil Aviation Authority of Singapore Act 2009;(c)a company that is a concessionaire as defined in section 2 of the Cross‑Border Railways Act 2018;(d)a company that is a railway assets operator regulated under Part 4 of the Cross‑Border Railways Act 2018;(e)a company that is authorised to provide district cooling services under a licence under the District Cooling Act 2001;(f)a company that is an electricity licensee licensed under section 9 of the Electricity Act 2001;(g)a company that is a public waste collector licensee as defined in section 2 of the Environmental Public Health Act 1987;(h)a company that is a DPWCS licensee licensed under section 31J of the Environmental Public Health Act 1987;(i)a company that is a gas licensee licensed under section 7 of the Gas Act 2001; (j)a company that is a debtor as defined in section 2(1) of the International Interests in Aircraft Equipment Act 2009;(k)a company that is a public licensee licensed under section 81 of the Maritime and Port Authority of Singapore Act 1996 to provide any port service or facility relating to any container terminal service or facility;(l)a company that is a financial institution prescribed as a Type A financial institution, Type B financial institution or Type C financial institution for the purposes of section 49 of the Financial Services and Markets Act 2022;(m)a company that is designated as a designated entity under section 44D of the Public Utilities Act 2001;(n)a company that is licensed under section 13 of the Rapid Transit Systems Act 1995 to operate a rapid transit system; (o)a company that is a specified telecommunication licensee declared under section 45 of the Telecommunications Act 1999;(p)a company that is a securitisation special purpose vehicle;(q)a company that is a covered bond special purpose vehicle.

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