Singapore legislation
Regulation 46
of Variable Capital Companies (Winding Up and Receivership) Rules 2026
Regulation 46
Affidavit supporting winding up application
Subregulation 1
The affidavit supporting an application to wind up a VCC must state —
the date of incorporation of the VCC;
the registered office of the VCC or, if there is no such registered office, the address of the principal or last known principal place of business of the VCC; and
the ground or grounds on which the application for winding up is made.
Subregulation 2
The affidavit supporting an application to wind up a sub‑fund must state —
the date when the sub‑fund was registered under section 27(3) of the VCC Act;
the registered office of the umbrella VCC of the sub‑fund or, if there is no such registered office, the address of the principal or last known principal place of business of the umbrella VCC; and
the ground or grounds on which the application for winding up is made.
Subregulation 3
The affidavit supporting the winding up application for a VCC or sub‑fund must be deposed to —
where the application is made by one or more persons who are each neither a corporation nor a VCC — by that person or one of those persons;
where the application is made by a corporation that is not a VCC — by a director, secretary or other principal officer of the corporation; or
where the application is made by a VCC (whether or not it is the VCC that is the subject, or the umbrella VCC whose sub‑fund is the subject, of the application) — by a manager, custodian or officer of the VCC or (where the application is made for a sub‑fund) a custodian of the sub‑fund; andfiled and served together with the application.