Singapore legislation
Regulation 20
of Insolvency, Restructuring and Dissolution (Judicial Management) Regulations 2020
Regulation 20
Proof of debt filed by licensed moneylenders
Subregulation 1
A moneylender licensed under the Moneylenders Act (Cap. 188) (called in this regulation a licensed moneylender) filing a proof of debt in respect of a loan made by the licensed moneylender as a licensed moneylender must, within 14 days after the date of filing of the proof of debt, file a copy of the following documents in respect of the loan:
the note of the contract for the loan, mentioned in section 20(1)(a) of that Act; (b)the statement of account mentioned in section 21(1) of that Act, that was last supplied to the company before the company entered judicial management.
Subregulation 2
A reference in paragraph (1) to a licensed moneylender filing a proof of debt is a reference to a person who, at the time the loan mentioned in that paragraph is granted, is a licensed moneylender, whether or not the person continues to be so licensed at the time the proof of debt is filed.