Singapore legislation

Regulation 56

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

Regulation 56

Consent of provisional liquidator

Subregulation 1

Where the written consent of the Official Receiver or a licensed insolvency practitioner to be appointed as a provisional liquidator under section 138 of the IRDA has been obtained, the applicant for the appointment must exhibit the consent in the affidavit supporting the application.

Subregulation 2

Where the written consent mentioned in paragraph (1) is not obtained before the making of an application under section 138 of the IRDA, the written consent must be exhibited in an affidavit made for that purpose and filed at least 3 days before the day appointed for the hearing of the application.