Singapore legislation
Regulation 45
of Variable Capital Companies (Court-Ordered Winding Up) Regulations 2026
Regulation 45
Liquidator carrying on business
Where the liquidator carries on the business of the VCC or sub‑fund, the liquidator must —
(a)
keep a distinct account of the trading (called in these Regulations the trading account); and
(b)
incorporate in the Cash Book the total weekly amount of the receipts and payments on the trading account.