/akn/sg/act/sub_leg/2024/TSCFA-S241-2025

Transport Sector (Critical Firms) Act 2024 (Saving and Transitional Provisions) Regulations 2025

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Type
Subsidiary Legislation
Status
In force
Enacted
2024
Sections
3

Quick answer

About this subsidiary legislation

Transport Sector (Critical Firms) Act 2024 (Saving and Transitional Provisions) Regulations 2025 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation TSCFA-S241-2025 2024, currently marked in force and first recorded in 2024.

Regulation 1

Citation and commencement

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These Regulations are the Transport Sector (Critical Firms) Act 2024 (Saving and Transitional Provisions) Regulations 2025 and come into operation on 1 April 2025.

Regulation 2

Transitional provisions relating to amendments to Civil Aviation Authority of Singapore Act 2009

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Subregulation 1

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An application made under section 57(1) of the Civil Aviation Authority of Singapore Act 2009 (called in this regulation the CAAS Act) for approval for a person to become a 5% controller or an indirect controller of an airport licensee or a designated business trust (each called X) is treated as an application under section 66(1)(a) or (3) (as the case may be) of the amended CAAS Act for the person to become a 5% controller or an indirect controller of X as a designated operating entity, if —

(a)

X is designated as a designated operating entity on 1 April 2025;

(b)

the application under section 57(1) of the CAAS Act is either —

(i)

made before 1 April 2025 and is still pending as of that date; or

(ii)

made between 1 April 2025 and 14 April 2025 (both dates inclusive); and

(c)

the person is to become a 5% controller or an indirect controller of X on or after 15 April 2025.

Subregulation 2

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An approval given under section 57(1) of the CAAS Act for a person to become a 5% controller or an indirect controller of an airport licensee or a designated business trust (each called X) on or after 15 April 2025 is treated as an approval given under section 66(4) of the amended CAAS Act to the person to become a 5% controller or an indirect controller of X as a designated operating entity, if X is designated as a designated operating entity on 1 April 2025.

Definition

“5% controller”, “designated operating entity” and “indirect controller” have the meanings given by section 56A(1) of the amended CAAS Act;

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Definition

“airport licensee” and “designated business trust” have the meanings given by sections 2(1) and 63(1) of the CAAS Act, respectively;

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Definition

“amended CAAS Act” means the CAAS Act as amended by Part 2 of the Transport Sector (Critical Firms) Act 2024.

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Regulation 3

Saving and transitional provisions relating to amendments to Maritime and Port Authority of Singapore Act 1996

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Subregulation 1

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Despite sections 30 to 39 of the Act, Part 12A of the Maritime and Port Authority of Singapore Act 1996 (called in this regulation the MPA Act) as in force immediately before 1 April 2025 continues to apply to or in relation to a person who, before 15 April 2025 —

(a)

becomes a 5% controller, 25% controller, 50% controller or indirect controller of a currently-designated entity; or

(b)

ceases to be a 50% controller or 75% controller of a currently‑designated entity.

Subregulation 2

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Any application made by a person before 1 April 2025 under section 86F of the MPA Act as in force immediately before that date to —

(a)

become a 25% controller, 50% controller or indirect controller of a currently‑designated entity on or after 15 April 2025; or

(b)

cease to be a 50% controller or 75% controller of a currently‑designated entity on or after 15 April 2025,that is still pending as of 1 April 2025, is treated as an application under section 86F of the amended MPA Act.

Subregulation 3

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Despite section 40 of the Act —

(a)

the Minister may, at any time between 1 April 2025 and 14 April 2025 (both dates inclusive), make a special administration order or other order in relation to a specified public licensee under section 87 or 88 of the MPA Act as in force immediately before 1 April 2025; and

(b)

sections 87, 88 and 89 of the MPA Act as in force immediately before 1 April 2025 continue to apply to or in relation to such an order.

Definition

“5% controller”, “25% controller”, “50% controller”, “75% controller” and “indirect controller” have the meanings given by section 86A(1) of the MPA Act as in force immediately before 1 April 2025;

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Definition

“amended MPA Act” means the MPA Act as amended by Part 3 of the Transport Sector (Critical Firms) Act 2024;

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Definition

“currently-designated entity” means an entity designated as a designated public licensee, designated business trust or designated equity interest holder under section 86D of the MPA Act as in force immediately before 1 April 2025;

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Definition

“specified public licensee” means a relevant public licensee (as defined in section 87(4) of the MPA Act as in force immediately before 1 April 2025) that is designated as a designated operating entity under section 86D of the amended MPA Act.

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Common questions

What is Transport Sector (Critical Firms) Act 2024 (Saving and Transitional Provisions) Regulations 2025?
Transport Sector (Critical Firms) Act 2024 (Saving and Transitional Provisions) Regulations 2025 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation TSCFA-S241-2025 2024, currently marked in force and first recorded in 2024.
Is Transport Sector (Critical Firms) Act 2024 (Saving and Transitional Provisions) Regulations 2025 still in force?
Yes — Transport Sector (Critical Firms) Act 2024 (Saving and Transitional Provisions) Regulations 2025 is currently in force.
When did Transport Sector (Critical Firms) Act 2024 (Saving and Transitional Provisions) Regulations 2025 take effect?
Transport Sector (Critical Firms) Act 2024 (Saving and Transitional Provisions) Regulations 2025 was first recorded in 2024.
How many regulations does Transport Sector (Critical Firms) Act 2024 (Saving and Transitional Provisions) Regulations 2025 have?
Transport Sector (Critical Firms) Act 2024 (Saving and Transitional Provisions) Regulations 2025 contains 3 regulations.
Where can I read the official version of Transport Sector (Critical Firms) Act 2024 (Saving and Transitional Provisions) Regulations 2025?
The official text of Transport Sector (Critical Firms) Act 2024 (Saving and Transitional Provisions) Regulations 2025 is published at sso.agc.gov.sg.