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← Payment and Settlement Systems (Finality and Netting) Act 2002

Payment and Settlement Systems (Finality and Netting) Act 2002 s 14

s 14 Law of insolvency in other jurisdictions

14. Despite any written law or rule of law, a court is not to recognise or give effect to —(a) an order of a court exercising jurisdiction under the law of insolvency in a place outside Singapore; or (b) an act of a person appointed in a place outside Singapore to perform a function under the law of insolvency there, insofar as the making of the order or doing of the act would be prohibited under this Act for a court in Singapore or a relevant office holder.

Read this section in the full act → · Open PART 4 →

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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