Singapore legislation
Regulation 2
of Variable Capital Companies (Voluntary Winding Up) Regulations 2026
Regulation 2
General definitions
Subregulation 1
In these Regulations —
Definition
“creditors’ voluntary winding up” means a winding up under Division 3 of Part 8 of the IRDA, but not a members’ voluntary winding up;
Definition
“members’ voluntary winding up” means a winding up under Division 3 of Part 8 of the IRDA, where a declaration has been made and lodged pursuant to section 163 of the IRDA;
Definition
“VCC Act” means the Variable Capital Companies Act 2018.
Subregulation 2
Unless the context otherwise requires, a reference in these Regulations to any Part, Division of a Part, or provision of the IRDA is to that Part, Division of a Part or provision as applied by section 33(2) (in the case of the winding up of a sub‑fund of an umbrella VCC) or 130 (in the case of the winding up of a VCC) of the VCC Act.