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← Cross-Border Railways Act 2018

Cross-Border Railways Act 2018 s 23

s 23 Railway assets contract non-transferable

23.—(1) A railway assets contract, and any right, benefit or privilege of a railway assets operator under a railway assets contract, are transferable only with the prior written consent of the Minister. (2) A transfer or an assignment, or a purported transfer or assignment, of a railway assets contract, or of any right, benefit or privilege of a railway assets operator under the railway assets contract, in contravention of subsection (1), is void and of no effect.

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Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. Read the official text ↗

Source: Singapore Statutes Online (Attorney-General's Chambers), © Government of Singapore.

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