Singapore legislation

Clause 15

of Bankruptcy (Amendment) Bill

Clause 15

Amendment of section 65

Section 65 of the Bankruptcy Act is amended by inserting, immediately after subsection (1), the following subsection:“(1A) Where a creditor’s bankruptcy application which relies on a statutory demand is made, pursuant to section 63A, before 21 days have elapsed since the statutory demand was served, the court hearing the application must not make a bankruptcy order until at least 21 days have elapsed since the statutory demand was served.”.