Clause 2

by inserting, immediately before the definition of “bankrupt” in subsection (1), the following definition:“ “administration date” means —

the date of submission by the bankrupt of the statement of the bankrupt’s affairs; or

where the bankrupt is directed by the Official Assignee under section 81(4)(c) to submit supplementary information, the date of submission of the supplementary information if later;”;

by inserting, immediately after the definition of “goods” in subsection (1), the following definition:“ “income” includes all income, whether or not accruing in or derived from Singapore, and whether received in Singapore or elsewhere;”;

by inserting, immediately after the definition of “limited liability partnership” in subsection (1), the following definition:“ “monthly contribution” means —

the amount, determined in accordance with section 86A, that a bankrupt is required, under section 108A, to pay to the Official Assignee on a monthly basis out of the bankrupt’s income; or

if the amount referred to in paragraph (a) is varied by the court under section 86B(5)(a), 86C(1) or 86E(4)(a) or reduced by the Official Assignee under section 86D(1) or 86F(3), that amount as varied or reduced, as the case may be;”;

by deleting the words “or lien” in the definition of “secured creditor” in subsection (1) and substituting the words “, lien or other security”;

by inserting, immediately after the definition of “statutory demand” in subsection (1), the following definitions:“ “supplementary information” means the supplementary information that a bankrupt is directed to submit under section 81(4)(c);“target contribution” means —

an amount equal to —

in any case where the bankruptcy is a repeat bankruptcy, 76 payments of monthly contributions determined in accordance with section 86A; or

in any other case, 52 payments of monthly contributions determined in accordance with section 86A; or

if the amount referred to in paragraph (a) is varied by the court under section 86B(5)(a), 86C(1) or 86E(4)(a) or reduced by the Official Assignee under section 86D(1) or 86F(3), that amount as varied or reduced, as the case may be;”; and

by inserting, immediately after subsection (2), the following subsection:“(3) In this Act, unless the context otherwise requires, a bankruptcy is a repeat bankruptcy if, before the making of the bankruptcy order in respect of which the bankrupt was adjudged bankrupt, the bankrupt has been previously discharged from bankruptcy under this Act or any previous written law relating to bankruptcy.”.