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← Insolvency, Restructuring and Dissolution Act 2018

Insolvency, Restructuring and Dissolution Act 2018 s 299

s 299 Certificate of inapplicability of debt repayment scheme

299. The Official Assignee must issue a certificate of inapplicability of a debt repayment scheme in respect of a debtor if —(a) the aggregate of the debts mentioned in section 294(1)(a) and proved under the scheme exceeds, at any time, the prescribed amount mentioned in section 289(2)(a); or (b) the aggregate of the debts mentioned in section 294(1)(b) and (c) and proved under the scheme exceeds, at any time, a prescribed amount.

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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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