Singapore legislation

Regulation 12

of Insolvency, Restructuring and Dissolution (Debt Repayment Scheme) Regulations 2020

Regulation 12

Information to Court, etc.

Subregulation 1

Where the Official Assignee has determined that a debtor is not suitable for a debt repayment scheme under section 289(2) of the Act, the Official Assignee must, within 7 days after the date of the determination, report to the Court and inform the debtor and every applicant creditor of the determination.

Subregulation 2

Where the Official Assignee has approved a debt repayment plan, the Official Assignee must, within 7 days after the date of the approval, report to the Court the date on which the debt repayment scheme is to commence.