Insolvency, Restructuring and Dissolution (Debt Repayment Scheme) Regulations 2020
Table of Contents
Enacting Formula
Part 1 PRELIMINARY
1 Citation and commencement
2 Definitions
3 Forms
4 Prescribed amounts
5 Notices to be in writing
6 Proof of posting of notice by Official Assignee
7 List of debtors to be kept
Part 2 PRELIMINARY ADMINISTRATION OF DEBT REPAYMENT SCHEME
8 Submission of documents by debtor
9 Preliminary assessment of aggregate debt owed
10 Filing of proofs of debt
11 Inspection of proofs of debt
12 Information to Court, etc.
Part 3 MEETING OF CREDITORS
Division 1 — Attendance, proceedings, etc.
13 Notification of meeting of creditors
14 Attendance of debtor
15 Attendance by creditor
16 Proceedings at meetings
17 Filing of proofs of debt at or before meeting
Division 2 — Approval and modification of debt repayment plan, etc.
18 Approval of debt repayment plan
19 Filing of proofs of debt after approval of debt repayment plan
20 Modification of debt repayment plan before effective date
Part 4 APPEALS TO APPEAL PANEL AND COURT
21 Appeal Panel Committee
22 Form and manner of appeal to Appeal Panel
23 Decision of Appeal Panel Committee
24 Appeal to Court against admission or rejection of proof of debt by Official Assignee
Part 5 ADMINISTRATION OF DEBT REPAYMENT SCHEME
25 Filing of proofs of debt after effective date
26 Modification of debt repayment plan
27 Modification by way of extension of repayment period
Part 6 CESSATION AND COMPLETION OF DEBT REPAYMENT SCHEME
28 Notification of cessation of debt repayment scheme
29 Certificate of completion
Part 7 FAILURE AND INAPPLICABILITY OF DEBT REPAYMENT SCHEME
30 Certificate of failure
31 Certificate of inapplicability
Part 8 REVOCATION OF CERTIFICATE OF COMPLETION
32 NOTICE OF REVOCATION
Part 9 DIVIDENDS AND INTEREST
33 Payment of dividends
34 Interest payable
35 Maximum amount receivable by creditor
Part 10 MISCELLANEOUS
36 Extension, etc., of time
37 Cancellation of certificate issued by mistake
38 Disposal of records and papers
39 Application of other subsidiary legislation