Singapore legislation

Regulation 153

of Variable Capital Companies (Winding Up and Receivership) Rules 2026

Regulation 153

Submission of cost schedule to approving body by order of Court

Despite anything in rule 150, 151 or 152, the Court may —

(a)

on the application of a creditor or member of a VCC that is being wound up by the Court or in voluntary winding up, order a liquidator of the VCC; or (b)on the application of a creditor of a sub‑fund that is being wound up by the Court or in voluntary winding up or a member of an umbrella VCC holding shares issued in respect of the sub‑fund, order a liquidator of the sub‑fund,to submit a cost schedule to the approving body on any terms as the Court thinks fit.