Singapore legislation
Regulation 116
of Variable Capital Companies (Winding Up and Receivership) Rules 2026
Regulation 116
Cost of obtaining permission or sanction of Court
In any case in which the permission or sanction of the Court is obtained as required under regulation 38, 39 or 40 of the Court‑Ordered Winding Up Regulations or regulation 48 or 49 of the Voluntary Winding Up Regulations, the cost of obtaining the permission or sanction must be borne by the person in whose interest the permission or sanction is obtained, and is not payable out of the assets of the VCC or sub‑fund.