Singapore legislation
Clause 80
Clause 80
Examination of books of indebted society
(1)
The Registrar shall, on the application of a creditor of the society, examine or direct any person authorised by him by order in writing on his behalf to examine the books of the society, if the applicant —
(a)
proves to his satisfaction that an ascertained sum of money is then due to him and that he has demanded payment thereof and has not received satisfaction within a reasonable time; and
(b)
deposits with the Registrar such sum as security for the costs of the proposed examination as the Registrar may require.
(2)
The Registrar shall communicate the results of such examination to the creditor and to the society the books of which were examined.