Singapore legislation
Regulation 30
of Insolvency, Restructuring and Dissolution (Debt Repayment Scheme) Regulations 2020
Regulation 30
Certificate of failure
Subregulation 1
The Official Assignee must, within 21 days after the date of the Official Assignee’s decision to issue a certificate of failure of a debt repayment scheme in respect of a debtor —
notify in writing the debtor and the creditors concerned of the decision; and
issue the certificate of failure to the debtor.
Subregulation 2
The Official Assignee must state in the certificate of failure the following:
the name of the debtor;
the date on which the debt repayment scheme came into effect;
the date on which the debt repayment scheme failed and ceased to have effect;
the reason or reasons for the failure of the debt repayment scheme; (e)the date after which the certificate may not be used for the purposes of section 312 of the Act.
Subregulation 3
Any creditor concerned may apply to the Official Assignee for a copy of the certificate of failure and the Official Assignee may, upon payment of the appropriate fee by the creditor, provide a copy of the certificate of failure to the creditor.