Singapore legislation

Section 398

of Insolvency, Restructuring and Dissolution Act 2018

Section 398

Discharged bankrupt to give assistance

(1)

A discharged bankrupt must, despite his or her discharge, give assistance as the Official Assignee requires in the realisation and distribution of such of his or her property as is vested in the Official Assignee.

(2)

If the discharged bankrupt fails to give assistance to the Official Assignee under subsection (1) —

(a)

the discharged bankrupt shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $10,000; and

(b)

the Court may, if it thinks fit, revoke the discharged bankrupt’s discharge, but without affecting the validity of any sale, disposition or payment duly made, or thing duly done subsequent to the discharge, but before its revocation.

Section 398 — Insolvency, Restructuring and Dissolution Act 2018