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No. S 251

Bankruptcy Act

(Chapter 20)

Bankruptcy (Amendment) Rules 2003

In exercise of the powers conferred by section 166 of the Bankruptcy Act, the Minister for Law hereby makes the following Rules:

Citation and commencement

1. These Rules may be cited as the Bankruptcy (Amendment) Rules 2003 and shall come into operation on 19th May 2003.

Amendment of rule 174

2. Rule 174 of the Bankruptcy Rules (R 1) is amended by deleting paragraph (2) and substituting the following paragraph:

“(2) A proof of debt required to be lodged with the Official Assignee under paragraph (1) may be filed electronically.”.

Deletion and substitution of rule 176

3. Rule 176 of the Bankruptcy Rules is deleted and following rule substituted therefor:

“Statement of accounts

176. A licensed moneylender filing a proof of debt under rule 174 in respect of a loan made by him shall, within 14 days from the date of filing thereof, file a statement of accounts in the form specified in the First Schedule to the Moneylenders Act (Cap. 188).”.

Amendment of rule 231

4. Rule 231(1) of the Bankruptcy Rules is amended by deleting the words “in Form 38 to each creditor whose proof has been admitted” and substituting the words “specifying the percentage of dividend payable and the amount of dividend payable to him”.

Amendment of Schedule

5. Form 38 of the Schedule to the Bankruptcy Rules is deleted.

[G.N. No. S 343/2002]

Made this 17th day of May 2003.

LIEW HENG SAN

Permanent Secretary,
Ministry of Law,
Singapore.

[AG/LEG/SL/20/2003/1 Vol.1]