Singapore legislation
Regulation 7
of Significant Infrastructure Government Loan Regulations 2021
Regulation 7
Cut-off time for applications
Subregulation 1
All applications pursuant to a public notice must be made and received by the MAS not later than 12 noon of the auction day specified in that public notice.
Subregulation 2
The MAS must refuse to accept any application pursuant to a public notice that is received by the MAS after 12 noon of the auction day specified in that public notice.
Subregulation 3
However, the MAS may, in the event of —
any malfunction or failure, or an imminent malfunction or failure, of the relevant electronic service; or
any fire, serious violence, public disorder, epidemic or other incident obstructing, disrupting or seriously affecting the proper conduct of the auction,extend the time for making and accepting of applications pursuant to that public notice, and any reference to 12 noon of the auction day in paragraph (1) or (2) will then be a reference to that time as so extended.