Singapore legislation
Section 80
Section 80
Examination of materials of indebted society on creditor’s application
(1)
The Registrar must, on the application of a creditor of the society, examine or direct an authorised person to examine the materials of the society, if the applicant —
proves to the Registrar’s satisfaction that an ascertained sum of money is due to the applicant, and that the applicant has demanded payment of that sum and has not received satisfaction within a reasonable time; and
deposits with the Registrar, if this is considered necessary, such sum as security for the costs of the proposed examination as the Registrar may require.
(2)
The Registrar must communicate the results of the examination to the creditor and to the society the materials of which were examined.
(3)
For the purposes of an examination under this section, the Registrar or authorised person may by written notice require any person, whom the Registrar or authorised person reasonably believes is acquainted with any facts or circumstances concerning any matter in the examination, to attend at such place and at such reasonable time as the Registrar or authorised person may specify —
to be examined, to answer any question to the best of the person’s knowledge, information and belief, and to provide a signed statement of the matters on which the person is examined containing a declaration by the person of the truth of the statement; and
to produce or furnish any material or information in the person’s possession or custody.
(4)
The Registrar or authorised person may, without payment —
inspect, copy or make extracts from any material or information produced or furnished pursuant to a requirement under subsection (3); and
retain the material or information for such period as the Registrar or authorised person determines to be necessary.
(5)
Where any material or information is kept in electronic form —
the power of the Registrar or authorised person under subsection (3)(b) includes the power to require a copy of the material or information to be produced or furnished in legible form; and
subsection (4) applies to any copy of the material or information produced or furnished in legible form.