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← Insolvency, Restructuring and Dissolution Act 2018

Insolvency, Restructuring and Dissolution Act 2018 s 35

s 35 Liability of Official Receiver, etc.

35.—(1) All sums required to discharge any liability that the Official Receiver may be personally liable to discharge are to be charged on the Consolidated Fund. (2) Neither the Official Receiver nor any officer of the Official Receiver is to be personally liable for any act that the Official Receiver or officer (as the case may be) did not contribute to in any way or could not by the exercise of reasonable diligence have averted. (3) No liability is to lie personally against the Official Receiver, or any officer of the Official Receiver acting under the direction of the Official Receiver, who, acting in good faith and with reasonable care, does or omits to do anything in the course of or in connection with —(a) the exercise or purported exercise of any power; or (b) the performance or purported performance of any function or duty, under section 71, 72E, 72F, 72G, 72M, 72Q, 134(b), 137, 188, 189, 192, 197, 199, 212, 213, 214, 241, 250D, 250F, 250G, 250O or 250P, or under section 197 or 199 (as modified by section 250L), or under section 149, 210, 215, 215K or 390 of the Companies Act 1967. [39/2020] (4) Any liability that but for subsection (3) would lie against the Official Receiver, or any officer of the Official Receiver, is to lie instead against the Government.

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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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