Singapore legislation
Regulation 129
of Insolvency, Restructuring and Dissolution (Corporate Insolvency and Restructuring) Rules 2020
Regulation 129
Accounting by special manager
Subregulation 1
Every special manager appointed by the Court under section 154 of the Act must submit an account in the form prescribed in regulation 6 of the Insolvency, Restructuring and Dissolution (Receivership) Regulations 2020 to the liquidator on whose application the special manager was appointed.
Subregulation 2
After the liquidator has approved the accounts submitted by the special manager under paragraph (1), the liquidator must add the aggregate of the special manager’s receipts and payments to the liquidator’s account.