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← Insolvency, Restructuring and Dissolution Act 2018

Insolvency, Restructuring and Dissolution Act 2018 s 298

s 298 Cessation of debt repayment scheme

298.—(1) A debt repayment scheme applicable to a debtor ceases —(a) on the date a certificate of inapplicability of the scheme is issued under section 299; (b) on the date a certificate of failure of the scheme is issued under section 300(1); (c) on the date a certificate of completion of the scheme is issued under section 301(1), despite any subsequent revocation of the certificate under section 302(1); (d) upon the debtor being adjudged a bankrupt under this Act; or (e) upon the death of the debtor, whichever first occurs. (2) Upon the cessation of a debt repayment scheme, the debt repayment plan under the scheme ceases to have effect.

Read this section in the full act → · Open Division 4 →

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. Read the official text ↗

Source: Singapore Statutes Online (Attorney-General's Chambers), © Government of Singapore.

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