Singapore legislation
Section 56L
Section 56L
Certificate of inapplicability of debt repayment scheme
Amended by6/2009
The Official Assignee shall issue a certificate of inapplicability of a debt repayment scheme in respect of a debtor if —
(a)
the aggregate of the debts referred to in section 56G(1)(a) and proved under the scheme exceeds, at any time, $100,000 or such other amount as may be specified by the Minister under section 56B(2)(a); or
(b)
the aggregate of the debts referred to in section 56G(1)(b) and (c) and proved under the scheme exceeds, at any time, $50,000 or such other amount as the Minister may, by order published in the Gazette, specify.