Singapore legislation
Regulation 28
of Insolvency, Restructuring and Dissolution (Debt Repayment Scheme) Regulations 2020
Regulation 28
Notification of cessation of debt repayment scheme
Subregulation 1
Where the debtor to whom a debt repayment scheme is applicable is adjudged a bankrupt under the Act, the Official Assignee must, within 21 days after the event, send a notice to inform the debtor and each creditor concerned of the cessation of the debt repayment scheme by virtue of section 298(1)(d) of the Act.
Subregulation 2
Where the debtor to whom a debt repayment scheme is applicable dies, the Official Assignee must, within 21 days after becoming aware of the debtor’s death, send a notice to inform each creditor concerned of the cessation of the debt repayment scheme by virtue of section 298(1)(e) of the Act.
Subregulation 3
The Official Assignee must state in every notice mentioned in paragraphs (1) and (2) the reason for the cessation of the debt repayment scheme in question and the date from which the cessation is effective.