In force2009 Revised EditionCurrent version · 2009 Revised EditionSee versions on Singapore Statutes Online(opens the publisher’s site)
35. Person appointed as trustee to furnish security before acting
Feedback & support(1)
No person appointed as a trustee under section 33 shall commence acting as such trustee until he has given security in the prescribed manner to the satisfaction of the Official Assignee that he shall faithfully perform his duties and duly observe all the requirements imposed on him by this Act, the rules or any other written law with respect to the performance of his duties.
trustee
Defined · s 2
“trustee”, in relation to a bankruptcy and a bankrupt, means the trustee of the bankrupt’s estate.
(2)
Any person who contravenes subsection (1) shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $10,000.