Singapore legislation

Regulation 3

of Variable Capital Companies (Court-Ordered Winding Up) Regulations 2026

Regulation 3

Application of these Regulations

These Regulations apply to —

(a)

any VCC against which an application for an order of the Court for the winding up of the VCC has been made under the provision that replaces section 124(1) of the IRDA because of section 130(5) of the VCC Act;

(b)

any sub‑fund against which an application for an order of the Court for the winding up of the sub‑fund has been made under the provision that replaces section 124(1) of the IRDA because of paragraph 17 of the First Schedule to the VCC Act;

(c)

any VCC that is wound up under an order of the Court under —

(i)

the provision that replaces section 125(1) of the IRDA because of section 130(6) of the VCC Act; or

(ii)

section 216(2)(f) of the Companies Act 1967 as applied by section 142 of the VCC Act; or

(d)

any sub‑fund that is wound up under an order of the Court under the provision that replaces section 125(1) of the IRDA because of paragraph 18 of the First Schedule to the VCC Act.