Singapore legislation

Regulation 50

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

Regulation 50

Liquidator to provide information to Official Receiver

Subregulation 1

Every person who has acted as liquidator of any VCC or sub‑fund (as the case may be), whether the liquidation has been concluded or not, must provide to the Official Receiver —

(a)

an account of any money in the person’s hands or under the person’s control representing unclaimed or undistributed funds, dividends or other moneys of the VCC or sub‑fund; and

(b)

any other particulars required by the Official Receiver for the purpose of ascertaining or getting into any money payable to the Official Receiver to be placed to the credit of the VCC Liquidation Account or Sub‑fund Liquidation Account.

Subregulation 2

The Official Receiver may, from time to time, require the person to verify the account and particulars by affidavit.