Singapore legislation
Regulation 3
of Transport Sector (Critical Firms) Act 2024 (Saving and Transitional Provisions) Regulations 2025
Regulation 3
Saving and transitional provisions relating to amendments to Maritime and Port Authority of Singapore Act 1996
Subregulation 1
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 —
becomes a 5% controller, 25% controller, 50% controller or indirect controller of a currently-designated entity; or
ceases to be a 50% controller or 75% controller of a currently‑designated entity.
Subregulation 2
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 —
become a 25% controller, 50% controller or indirect controller of a currently‑designated entity on or after 15 April 2025; or
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
Despite section 40 of the Act —
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
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.
Subregulation 4
In this regulation —
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;
Definition
“amended MPA Act” means the MPA Act as amended by Part 3 of the Transport Sector (Critical Firms) Act 2024;
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;
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.