Singapore legislation

Section 216

of Insolvency, Restructuring and Dissolution Act 2018

Section 216

Accounts and audit

(1)

The Official Receiver must —

(a)

record in a register a statement of any property that comes to the Official Receiver’s hand or under the Official Receiver’s control, or that to the Official Receiver’s knowledge is vested in the Official Receiver by operation of this Subdivision and by reason of the Official Receiver’s dealings with such property;

(b)

keep accounts of all moneys arising from such property, and of how those moneys have been disposed of; and

(c)

keep all accounts, vouchers, receipts and papers relating to the property and moneys mentioned in paragraphs (a) and (b).

(2)

The Auditor-General has all the powers in respect of such accounts as are conferred upon the Auditor‑General by any Act relating to audit of public accounts.

Read in full context — Insolvency, Restructuring and Dissolution Act 2018 →