Singapore legislation

Section 56T

of Bankruptcy Act

Section 56T

Rules for purposes of this Part

Amended by6/20096/2009

(1)

The Minister may make such rules as may be necessary or expedient for carrying out the purposes and provisions of this Part.

Amended by6/2009

(2)

Without prejudice to the generality of subsection (1), the Minister may make rules for or with respect to —

(a)

the releasing of a debtor from any obligation under this Part;

(b)

the circumstances to be taken into account in the approval or modification of a debt repayment plan;

(c)

the circumstances in which a creditor may claim interest in his proof of debt notwithstanding the absence of any previous agreement or reservation as to interest, and the rate of interest that may be claimed in such circumstances;

(d)

the powers and procedures of the Appeal Panel;

(e)

the procedures of an Appeal Panel Committee;

(f)

the information and documents to be furnished by a debtor to the Official Assignee relating to his property, debts and other financial affairs;

(g)

the convening and conduct of, and the participation of a debtor and his creditors in and their respective obligations at, meetings held under this Part;

(h)

the inspection of documents submitted to the Official Assignee under this Part;

(i)

the sending of notices and other documents under this Part; and

(j)

all matters and things which are required or permitted to be prescribed under this Part.

Amended by6/2009