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← Securities and Futures Act 2001

Securities and Futures Act 2001 s 81L

s 81L Law of insolvency in other jurisdictions

81L.—(1) Despite any other 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 any place outside Singapore; or (b) an act of a person appointed in any place outside Singapore to perform a function under the law of insolvency in that place, insofar as the making of the order by a court in Singapore, or the doing of the act by a relevant office holder, would be prohibited under this Act. [34/2012] (2) In this section, “law of insolvency”, in relation to a place outside Singapore, means any law of that place which is similar to, or serves the same purposes as, any part of the law of insolvency in Singapore.[34/2012]

Read this section in the full act → · Open Division 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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