Singapore legislation
Regulation 40
of Variable Capital Companies (Winding Up and Receivership) Rules 2026
Regulation 40
Records of proceedings
Subregulation 1
All proceedings of the Court under any relevant VCC Act provision and these Rules must be kept and remain in record in the Court.
Subregulation 2
The Registrar may maintain all the information mentioned in paragraph (1) in such form, medium or mode as the Registrar thinks fit.
Subregulation 3
Any of the following persons may, at all reasonable times, inspect the record of proceedings maintained under paragraph (2) relating to a VCC (other than in relation to any of its sub‑funds):
a liquidator of the VCC;
a receiver or manager of the property of the VCC;
the VCC;
any creditor who has filed the creditor’s proof of debt or whose proof of debt has been admitted against the VCC;
any person acting on behalf of the liquidator, receiver or manager, VCC or creditor mentioned in sub‑paragraph (a), (b), (c) or (d);
by special direction of the Judge or the Registrar, any other person.
Subregulation 4
Any of the following persons may, at all reasonable times, inspect the record of proceedings maintained under paragraph (2) relating to a sub‑fund:
a liquidator of the sub‑fund;
a receiver or manager of the property of the sub‑fund;
the umbrella VCC of the sub‑fund;
any creditor who has filed the creditor’s proof of debt or whose proof of debt has been admitted against the sub‑fund;
any person acting on behalf of the liquidator, receiver or manager, umbrella VCC or creditor mentioned in sub‑paragraph (a), (b), (c) or (d);
by special direction of the Judge or the Registrar, any other person.
Subregulation 5
The right to inspect the record of proceedings under paragraph (3) or (4) is in addition to and does not derogate from any other right to inspect the record of proceedings under any written law or other rule of law.