Singapore legislation
Regulation 3
of Insolvency, Restructuring and Dissolution (Assignment of Proceeds of an Action) Regulations 2020
Regulation 3
Assignment of proceeds of relevant action in accordance with Regulations
A relevant insolvency practitioner may only assign proceeds of a relevant action under section 144(1)(g) of the Act (including section 144(1)(g) read with section 177(1)(a) of the Act) or paragraph (f) of the First Schedule to the Act in accordance with these Regulations.