Interpretation of this Part
s 251
Open ↗251. In this Part, “Model Law” means the UNCITRAL Model Law on Cross‑Border Insolvency adopted by the United Nations Commission on International Trade Law on 30 May 1997.
Source
Insolvency, Restructuring and Dissolution Act 2018 PART 11 — CROSS-BORDER INSOLVENCY
Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗
Model Law to have force of law
s 252
Open ↗252.—(1) The Model Law (with certain modifications to adapt it for application in Singapore) as set out in the Third Schedule has the force of law in Singapore. (2) In the interpretation of any provision of the Third Schedule, the following documents are relevant documents for the purposes of section 9A(3)(f) of the Interpretation Act 1965:(a) any document relating to the Model Law that is issued by, or that forms part of the record on the preparation of the Model Law maintained by, the United Nations Commission on International Trade Law and its working group for the preparation of the Model Law; (b) the Guide to Enactment of the UNCITRAL Model Law on Cross‑Border Insolvency (UN document A/CN.9/442).
Interaction with Singapore insolvency law
s 253
Open ↗253.—(1) Singapore insolvency law applies with such modifications as the context requires for the purpose of giving effect to this Part and the Third Schedule. (2) This Part and the Third Schedule do not derogate from the operation of section 250. (3) In this section, “Singapore insolvency law” has the same meaning as in Article 2(k) of the Third Schedule.
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