Singapore legislation
Regulation 24
of Variable Capital Companies (Court-Ordered Winding Up) Regulations 2026
Regulation 24
Return of capital to contributories
Subregulation 1
Unless the Court directs otherwise, every order of the Court that authorises the liquidator to make a return to the contributories of the VCC or sub‑fund must contain or annex a schedule or list that is prepared by the liquidator and that sets out —
the full names and addresses of the persons to whom the return is to be paid;
the amount of money payable to each person;
the particulars of the transfer of shares (if any) in the VCC, or the umbrella VCC of the sub‑fund, that have been made or the variation in the list of contributories that arose after the date of the settlement of the list of contributories; and
any other information as may be required to enable the return to be made.
Subregulation 2
The notice of return to each contributory must specify the amount payable per share and the amount payable to each contributory.