Singapore legislation
Section 25
Section 25
Official Assignee’s accounts
(1)
The Official Assignee shall, for such period as may be prescribed, keep in such form and manner as he determines —
an account of his receipts and payments in respect of his administration of the estate of a bankrupt; and
an account of his receipts and payments in respect of his administration of a debt repayment scheme under Part VA.
(1A)
The Official Assignee shall, upon payment of the prescribed fee, permit —
the inspection of an account referred to in subsection (1)(a) by the bankrupt, any creditor who has proved his debt in the bankruptcy or any other interested person; and
the inspection of an account referred to in subsection (1)(b) by the debtor to whom the debt repayment scheme relates, any creditor who has proved his debt under the debt repayment scheme or any other interested person.
(2)
Every account referred to in subsection (1) shall be audited not less than once in each year by such officer as the Minister may appoint in that behalf.
(3)
For the purposes of the audit under subsection (2), the Official Assignee shall produce to the auditing officer such books and shall furnish him with such vouchers and information as he may require.