Insolvency, Restructuring and Dissolution (Judicial Management) (Amendment) Regulations 2022

Status:

Published in Subsidiary Legislation Supplement
on 14 Jul 2022

No. S 593

Insolvency, Restructuring and
Dissolution Act 2018

Insolvency, Restructuring and
Dissolution (Judicial Management)
(Amendment) Regulations 2022

In exercise of the powers conferred by section 449 of the Insolvency, Restructuring and Dissolution Act 2018, the Minister for Law makes the following Regulations:

Citation and commencement

1. These Regulations are the Insolvency, Restructuring and Dissolution (Judicial Management) (Amendment) Regulations 2022 and come into operation on 15 July 2022.

New regulation 57

2. After regulation 56 of the Insolvency, Restructuring and Dissolution (Judicial Management) Regulations 2020 (G.N. No. S 606/2020), insert —

“Fees for lodgment or filing of documents

57.—(1) A fee of $20 is payable to the Official Receiver for the lodgment or filing of any of the following documents with the Official Receiver:

(a)	a statutory declaration of an interim judicial manager required to be lodged under section 94(3)(e) of the Act;
(b)	a written notice of the appointment of an interim judicial manager required to be lodged under section 94(5)(a) of the Act;
(c)	a copy of a judicial management order or a written notice of the appointment of a judicial manager, required to be lodged under section 105(1)(a) of the Act;
(d)	a copy of an order made under section 108(5) of the Act effecting a company’s discharge from judicial management, required to be lodged under section 108(7) of the Act;
(e)	a notice of the expiry or extension of the term of a judicial manager required to be filed under section 111(7)(c) of the Act;
(f)	a copy of an order made under section 112(2) of the Act effecting a company’s discharge from judicial management, required to be lodged under section 112(3) of the Act;
(g)	a copy of an order effecting a company’s discharge from judicial management or interim judicial management under section 115(3)(d) of the Act, required to be lodged under section 115(5) of the Act.

(2) The Permanent Secretary of the Ministry of Law may, in his or her discretion, waive, refund or remit wholly or in part any fee payable under paragraph (1).”.

Made on 27 June 2022.

LOH KHUM YEAN

Permanent Secretary,
Ministry of Law,
Singapore.

[LAW 06/011/004; AG/LEGIS/SL/142B/2020/22 Vol. 1]

Search within Legislation