Singapore legislation
Section 125
Section 125
Discharge by certificate of Official Assignee
(1)
The Official Assignee may, in his discretion and subject to section 126, issue a certificate discharging a bankrupt from bankruptcy.
(2)
The Official Assignee shall not issue a certificate discharging a bankrupt from bankruptcy under subsection (1) unless —
a period of 3 years has lapsed since the date of commencement of the bankruptcy; and
the debts which have been proved in bankruptcy do not exceed $100,000, or such other sum as may be prescribed 2. 2 The Bankruptcy (Variation of Sum of Debts under section 125(2)(b)) Rules (R 4, 2001 Ed.) has varied the sum to $500,000 with effect from 1st May 1999.
(3)
Notice of every discharge under subsection (1) shall be given to the Registrar and be published in the Gazette and advertised in any local newspaper.
(4)
The Official Assignee shall, upon the application of a bankrupt or his creditor or other interested person, issue to the applicant a copy of the certificate of discharge upon the payment of the prescribed fee.