Singapore legislation

Regulation 8

of Insolvency, Restructuring and Dissolution (Bankruptcy) Regulations 2020

Regulation 8

Deposits payable to Official Assignee

Subregulation 1

In the case of each of the following applications, the appropriate deposit must be paid to the Official Assignee by the person making the application before the application is made:

(a)

a creditor’s bankruptcy application under section 307 of the Act (including an amended creditor’s bankruptcy application where the Court orders a substitution of an applicant creditor under the Personal Insolvency Rules);

(b)

a debtor’s bankruptcy application under section 308 of the Act;

(c)

an application under section 324 of the Act for the appointment of the Official Assignee as the interim receiver of the property of a debtor or any part of the property of a debtor;

(d)

an application under section 419 of the Act for the administration in bankruptcy of the estate of a deceased debtor.

Subregulation 2

In this regulation, “appropriate deposit” means the appropriate deposit specified in the Insolvency, Restructuring and Dissolution (Official Assignee’s Fees) Regulations 2020 (G.N. No. S 590/2020).