Singapore legislation

Clause 2

of Insolvency, Restructuring and Dissolution (Amendment) Bill

Clause 2

Amendment of section 36

Section 36 of the Insolvency, Restructuring and Dissolution Act 2018 (called in this Act the principal Act) is amended —

(a)

by deleting the words “of the creditor” in subsection (1)(a) and substituting the words “under subsection (2) of the person”;

(b)

by inserting, immediately after the word “creditor,” in subsection (1)(b), the words “the bankrupt,”;

(c)

by deleting subsection (2) and substituting the following subsection:“(2) A person applying for a bankruptcy order must apply to the Court for the appointment of a person other than the Official Assignee to be the trustee of the bankrupt’s estate, unless the Official Assignee has consented to be the trustee of the bankrupt’s estate.”; and

(d)

by deleting subsection (4).

Read in full context — Insolvency, Restructuring and Dissolution (Amendment) Bill →