Singapore legislation
Regulation 27
of Variable Capital Companies (Court-Ordered Winding Up) Regulations 2026
Regulation 27
Preparation of statement of affairs
Subregulation 1
For the purposes of section 141(1) of the IRDA —
the statement of affairs must be verified by affidavit; and
the statement of affairs and the affidavit verifying the statement of affairs must be in accordance with Form VCC(CWU)‑7.
Subregulation 2
The statement of affairs may be submitted by electronic means to the Official Receiver or the liquidator, as the case may be.
Subregulation 3
The liquidator may from time to time direct a person mentioned in section 141(2)(a) and (b) of the IRDA to attend on the liquidator, at a time and place that the liquidator may appoint, for the purpose of investigating the VCC’s or sub‑fund’s affairs, and the person must —
comply with any direction of the liquidator; and
give all information within the person’s knowledge as the liquidator may require.