Singapore legislation
Regulation 20
of Insolvency, Restructuring and Dissolution (Debt Repayment Scheme) Regulations 2020
Regulation 20
Modification of debt repayment plan before effective date
Subregulation 1
Where the Official Assignee admits an additional proof of debt against a debtor under regulation 19(1), the Official Assignee may make the necessary modifications to the debtor’s debt repayment plan pursuant to section 291(3) of the Act.
Subregulation 2
The Official Assignee must, within 7 days after the date of the Official Assignee’s decision to modify a debt repayment plan, inform the debtor and the creditors concerned of the decision in writing and the effective date of the debt repayment plan so modified.