Singapore legislation
Regulation 150
of Variable Capital Companies (Winding Up and Receivership) Rules 2026
Regulation 150
Application of this Part
This Part applies to a liquidator of a VCC or sub‑fund in insolvent winding up, if at least one of the following conditions are satisfied:
(a)
the remuneration and expenses of the liquidator in performing his or her functions as the liquidator of the VCC or sub‑fund are estimated by the liquidator to exceed $300,000;
(b)
the amount of the debt of the VCC or sub‑fund is estimated by the liquidator to exceed $20 million.