Fees (Winding up and Dissolution of Companies and Other Bodies) (Amendment) Order 2024

Status:

Published in Subsidiary Legislation Supplement
on 11 Oct 2024

No. S 792

Fees Act 1920

Fees
(Winding up and Dissolution of
Companies and Other Bodies)
(Amendment) Order 2024

In exercise of the powers conferred by section 2 of the Fees Act 1920, the Minister for Finance makes the following Order:

Citation

1. This Order is the Fees (Winding up and Dissolution of Companies and Other Bodies) (Amendment) Order 2024.

Amendment of Schedule

2. In the Fees (Winding up and Dissolution of Companies and Other Bodies) Order 2005 (G.N. No. S 58/2005), in the Schedule —

(a)

delete item (9A);

(b)

replace items (12) to (12E) with —

“(12)

Every application to the Official Receiver —

$10”;

(a)	for the payment of moneys out of the Companies Liquidation Account under section 197(7) of the Insolvency, Restructuring and Dissolution Act 2018

(b)	for the payment of moneys out of the Limited Liability Partnerships Liquidation Account under paragraph 69(6) of the Fifth Schedule to the Limited Liability Partnerships Act 2005

(c)	for the payment of moneys out of the Business Trusts Liquidation Account under section 49(6) of the Business Trusts Act 2004

(d)	for the payment of moneys out of the Compulsory Acquisition of Scheme Account under section 295B(3) of the Securities and Futures Act 2001

(e)	for the payment of moneys out of a Sub‑fund Liquidation Account under section 322(6) of the Companies Act 1967 (as applied by section 33(2) of the VCC Act)

(f)	for the payment of moneys out of a VCC Liquidation Account under section 322(6) of the Companies Act 1967 (as applied by section 130(1) of the VCC Act)

(c)

replace items (13) to (14D) with —

“(13)

On every payment of moneys in any of the following circumstances:

$10”; and

(a)	on every payment of moneys out of the Companies Liquidation Account or the Consolidated Fund under section 197(7) of the Insolvency, Restructuring and Dissolution Act 2018

(b)	on every payment of moneys out of the Limited Liability Partnerships Liquidation Account or the Consolidated Fund under paragraph 69(6) of the Fifth Schedule to the Limited Liability Partnerships Act 2005

(c)	on every payment of moneys out of the Business Trusts Liquidation Account or the Consolidated Fund under section 49(6) of the Business Trusts Act 2004

(d)	on every payment of moneys out of the Compulsory Acquisition of Scheme Account or the Consolidated Fund under section 295B(3) of the Securities and Futures Act 2001

(e)	on every payment of moneys out of a Sub‑fund Liquidation Account or the Consolidated Fund under section 322(6) of the Companies Act 1967 (as applied by section 33(2) of the VCC Act)

(f)	on every payment of moneys out of a VCC Liquidation Account or the Consolidated Fund under section 322(6) of the Companies Act 1967 (as applied by section 130(1) of the VCC Act)

(d)

replace items (19) to (19C) with —

“(19)

For every act done by the Official Receiver —

$25”.

(a)	as a representative of a defunct company under section 212 or 214 of the Insolvency, Restructuring and Dissolution Act 2018

(b)	as a representative of a defunct limited liability partnership under paragraph 98 or 100 of the Fifth Schedule to the Limited Liability Partnerships Act 2005

(c)	as a representative of a defunct sub‑fund of an umbrella VCC under section 345 or 347 of the Companies Act 1967 (as applied by section 33(2) of the VCC Act)

(d)	as a representative of a defunct VCC under section 345 or 347 of the Companies Act 1967 (as applied by section 130(1) of the VCC Act)

[G.N. Nos. S 64/2006; S 50/2007; S 748/2011; S 594/2013; S 1/2017; S 462/2018; S 549/2020; S 640/2020; S 703/2020; S 55/2021]

Made on 8 October 2024.

LAI CHUNG HAN

Permanent Secretary (Development),
Ministry of Finance,
Singapore.

[AG/LEGIS/SL/106/2020/2]

(To be presented to Parliament under section 3 of the Fees Act 1920).

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