Singapore legislation

Clause 9

Amendment of section 62

Section 62 of the Bankruptcy Act is amended —

(a)

by deleting the word “or” at the end of paragraph (b); and

(b)

by deleting the full-stop at the end of paragraph (c) and substituting the word “; or”, and by inserting immediately thereafter the following paragraph:“(d)the Official Assignee has —

(i)

issued a certificate of inapplicability of a debt repayment scheme under section 56L;

(ii)

issued a certificate of failure of a debt repayment scheme under section 56M(1); or

(iii)

revoked a certificate of completion of a debt repayment scheme under section 56O(1),in respect of the debtor within 90 days immediately preceding the date on which the bankruptcy application is made, and the applicant creditor had proved the debt under that debt repayment scheme.”.

Read in full context — Bankruptcy (Amendment) Bill →