PART 10 | FURTHER RELIEFS FOR SPECIFIED CONTRACTS |
| Interpretation of this Part |
41. In this Part, unless the context otherwise requires —| “adjustment relief assessor” means a person appointed to the panel of adjustment relief assessors under section 64; |
| “adjustment relief Registrar” means the adjustment relief Registrar appointed under section 63(1), and includes any adjustment relief Deputy Registrar exercising the functions of the adjustment relief Registrar; |
| “assignee”, in relation to a person, includes a successor in title of that person; |
“contract of national interest” means a contract —| (a) | the termination of which is likely to affect the provision of essential services or the ability of the Government or a public authority to carry out its functions, whether or not the Government or public authority is a party to the contract; and | | (b) | that is certified as a contract of national interest under section 60; |
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| “date of termination” means the day upon the expiry of which a contract terminates; |
| “essential service” means any service essential to the national security, defence, foreign relations, economy, public health, public safety or public order of Singapore, and includes the matters specified in Part 2 of the Second Schedule; |
“negotiation period”, in relation to any of the following notices, means the period of 4 weeks after the date of the notice:| (a) | a notice of negotiation; | | (b) | a notice of revision; | | (c) | a notice of negotiation for contract of national interest; |
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| “notice for adjustment” means a notice for adjustment under section 47; |
| “notice for compensation” means a notice for compensation under section 51; |
| “notice for repricing” means a notice for repricing under section 61(2); |
| “notice of negotiation” means a notice of negotiation under section 45; |
| “notice of negotiation for contract of national interest” means a notice of negotiation for contract of national interest under section 61(1); |
| “notice of objection” means a notice of objection under section 46 or 54, as the case may be; |
| “notice of revision” means a notice of revision under section 53; |
| “party” means a party to a contract, and “parties” is construed accordingly; |
| “public authority” means a body established by or under a public Act to perform or discharge a public function; |
| “service period”, in relation to any notice that may be served under this Part, means the period of 3 days beginning on the date of the notice; |
| “specified contract” means a contract described in section 42(1). [Act 37 of 2020 wef 14/01/2021] |
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42.—(1) This Part applies in relation to any contract (including one to which the Government is a party) that —| (a) | is described in Part 1 of the Second Schedule; | | (b) | was entered into before 25 March 2020; and | | (c) | is governed by Singapore law, |
| and where at least one of the parties has a place of business in Singapore. |
| (2) This Part does not apply to any contract terminated before 2 November 2020, or where the notice for the termination of the contract was given in accordance with the contract before 2 November 2020, even if the period of the notice expires on or after that date. |
| (3) In section 43(1), A does not include a PTO’s landlord of prescribed property mentioned in section 19P(1), if the PTO has elected to pay the moneys referred to in section 19P(1) in relation to the PTO’s lease agreement for the prescribed property, in accordance with a statutory repayment schedule described in section 19P(2). [Act 37 of 2020 wef 14/01/2021] |
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43.—(1) Where —| (a) | a party to the specified contract (called in this Part A) satisfies the requirements in Part 3 of the Second Schedule; and | | (b) | the specified contract is not a contract of national interest, |
| (c) | A may seek, in accordance with Division 2, to negotiate with the other party or parties (as the case may be) (each called in this Part B) for an adjustment to the rights and obligations of the parties and their assignees under the specified contract; and | | (d) | if A is unsuccessful in so negotiating an adjustment, the specified contract terminates in accordance with that Division. |
| (2) Where the specified contract terminates in accordance with Division 2, then, despite anything in the specified contract, the rights and obligations of the parties and their assignees under the specified contract are adjusted in accordance with Part 4 of the Second Schedule, subject to any adjustment on a just and fair basis by an adjustment relief assessor under section 66. |
(3) Where —| (a) | the specified contract is one that is described in Part 1 of the Third Schedule; and | | (b) | A seeks a negotiation under subsection (1), |
| then, if B satisfies the requirements in Part 2 of the Third Schedule, B may require, in accordance with Division 3, compensation from A for any termination of the specified contract in accordance with Division 2. |
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(4) The compensation under subsection (3) —| (a) | is determined in accordance with the prescribed factors; and | | (b) | is in addition to, and does not affect, the rights and obligations of the parties and their assignees as adjusted under subsection (2). |
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(5) Where —| (a) | the specified contract is one that is described in Part 1 of the Fourth Schedule; and | | (b) | A satisfies the requirements in Part 2 of the Fourth Schedule, |
| then A, instead of seeking a negotiation under subsection (1), may seek, in accordance with Division 4, to revise the schedule of A’s repayments under the specified contract. |
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| (6) Nothing in this section prevents any party from terminating or avoiding the specified contract on or after 2 November 2020 under any other written law or rule of law, if the specified contract is not yet terminated under section 49. |
(7) Where the specified contract is terminated on or after 2 November 2020 under any other written law or rule of law but before the specified contract can be terminated in accordance with Division 2, then, despite anything in the specified contract —| (a) | any party (called in this Part C) that satisfies the requirements of Part 3 of the Second Schedule may seek, in accordance with Division 5, for the rights and obligations of the parties and their assignees under the specified contract to be adjusted in accordance with Part 4 of the Second Schedule (subject to any adjustment on a just and fair basis by an adjustment relief assessor under section 66), as if the termination were a termination in accordance with Division 2; and | | (b) | where the specified contract is one that is described in Part 1 of the Third Schedule, any other party who satisfies the requirements in Part 2 of the Third Schedule may require, in accordance with Division 3, compensation from C; and that Division applies with the necessary modifications for this purpose. |
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(8) To avoid doubt, a reference to a termination of the specified contract in subsection (6) includes the discharge of the specified contract for the repudiation of the specified contract by one of the parties, but does not include —| (a) | where the specified contract is a term contract, a termination of the specified contract upon the expiry of the term without a renewal of the specified contract; or | | (b) | an automatic termination of the specified contract upon the occurrence of an event and not by any act on the part of any party. [Act 37 of 2020 wef 14/01/2021] |
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44.—(1) Part 2 of the Fifth Schedule applies where, in relation to a specified contract —| (a) | a notice of negotiation is served in accordance with section 45 (including that section as applied by Division 5); or | | (b) | a notice of revision is served in accordance with section 53. |
| (2) Without affecting paragraph 12 of Part 2 of the Fifth Schedule, any person who, without reasonable excuse, contravenes paragraph 1 of Part 2 of the Fifth Schedule shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $1,000. [Act 37 of 2020 wef 14/01/2021] |
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| Division 2 — Renegotiation and termination of contracts |
45.—(1) Where A seeks to negotiate for an adjustment to the rights and obligations of the parties and their assignees under the specified contract pursuant to section 43(1), A must serve a notice of negotiation on all the persons in subsection (2), in accordance with subsection (3).(2) The persons for the purpose of subsection (1) are all of the following:| (a) | any other party to the specified contract; | | (b) | any person who is A’s guarantor or surety, or who has issued any performance bond or equivalent, in relation to any of A’s obligations under the specified contract; | | (c) | any assignee of any other party to the specified contract. |
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(3) A must serve the notice of negotiation on all the persons in subsection (2) —| (a) | within 6 weeks, or such longer period as the Minister may determine by order in the Gazette, after —| (i) | the date of commencement of section 9 of the COVID‑19 (Temporary Measures) (Amendment No. 3) Act 2020; or | | (ii) | where A seeks a negotiation under section 43(1) pursuant to a change in the substance of Part 1 or 3 of the Second Schedule, the date of commencement of the amendment effecting the change; and |
| | (b) | within the service period for that notice. [Act 37 of 2020 wef 14/01/2021] |
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46.—(1) Where B or B’s assignee (as the case may be) wishes to object to A’s notice of negotiation, B or B’s assignee must —| (a) | serve a notice of objection on A and all the persons in section 45(2) (but not on B or B’s assignee (as the case may be) making the objection) —| (i) | within the period of 2 weeks after the negotiation period for A’s notice of negotiation; and | | (ii) | within the service period for that notice; and |
| | (b) | lodge the notice of objection with the adjustment relief Registrar within the period in paragraph (a)(i). |
(2) B or B’s assignee (as the case may be) may only object to A’s notice of negotiation on any one or more of the following grounds:| (a) | the contract in question is not a specified contract or is a contract of national interest; | | (b) | A does not satisfy the requirements in Part 3 of the Second Schedule; | | (c) | the notice of negotiation was not served in accordance with section 45. |
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(3) The adjustment relief Registrar may refuse to accept the notice of objection for lodgment and proceed under section 65 if —| (a) | the notice of objection was not served and lodged in accordance with subsection (1); or | | (b) | B or B’s assignee (as the case may be) fails or refuses to provide any information or document reasonably required by the adjustment relief Registrar. [Act 37 of 2020 wef 14/01/2021] |
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47.—(1) If no notice of objection is served in accordance with section 46, A, B or B’s assignee (as the case may be) may, within 2 weeks after the period in section 46(1)(a)(i), lodge a notice for adjustment with the adjustment relief Registrar for the purpose of adjusting the rights and obligations of the parties and their assignees in accordance with Part 4 of the Second Schedule (or on a just and fair basis).(2) The notice for adjustment must be served by the person lodging that notice with the adjustment relief Registrar, on A and all the persons in section 45(2) (but not on the person lodging that notice with the adjustment relief Registrar) —| (a) | within the period in subsection (1); and | | (b) | within the service period for that notice. [Act 37 of 2020 wef 14/01/2021] |
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48.—(1) A may, at any time before the earlier of —| (a) | the termination of the specified contract under section 49; or | | (b) | the date of determination of an adjustment relief assessor concerning the date of termination of the specified contract, |
| withdraw A’s notice of negotiation by serving a notice of withdrawal of the notice of negotiation on all the other parties and their assignees within the service period for that notice of withdrawal. |
| (2) Where B or B’s assignee has served a notice of objection on A, A must also lodge that notice of withdrawal with the adjustment relief Registrar within the service period for that notice of withdrawal. |
(3) B or B’s assignee (as the case may be) may, at any time before the earlier of —| (a) | the termination of the specified contract under section 49; and | | (b) | the date of determination of an adjustment relief assessor concerning the date of termination of the specified contract, |
| withdraw its notice of objection by — |
| (c) | serving a notice of withdrawal of the notice of objection on A and the other parties and their assignees (but not on the person that made the objection), within the service period for that notice of withdrawal; and | | (d) | lodging that notice of withdrawal with the adjustment relief Registrar within the service period for that notice of withdrawal. |
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(4) A, B or B’s assignee (as the case may be) may, at any time before an adjustment relief assessor makes a determination concerning the adjustments to be made to the rights and obligations of the parties and their assignees, withdraw its notice for adjustment by —| (a) | serving a notice of withdrawal of the notice for adjustment on A, B and B’s assignee (but not on the person that requested the adjustment) within the service period for that notice of withdrawal; and | | (b) | lodging that notice of withdrawal with the adjustment relief Registrar within the service period for that notice of withdrawal. [Act 37 of 2020 wef 14/01/2021] |
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| Time of termination of contract |
49.—(1) Subject to subsection (4), if no notice of objection is served in accordance with section 46(1)(a), and lodged with the adjustment relief Registrar under section 46(1)(b), then the specified contract terminates upon the expiry of the second day after the period mentioned in section 46(1)(a)(i), or such other time as agreed between all the parties.(2) Subject to subsection (4), if —| (a) | the adjustment relief Registrar refuses to accept any notice of objection for lodgment pursuant to section 46(3); or | | (b) | every notice of objection served and lodged is withdrawn under section 48(3), |
| then the specified contract terminates upon the expiry of the second day after the period mentioned in section 46(1)(a)(i). |
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| (3) Subject to subsection (4), if an adjustment relief assessor appointed by the adjustment relief Registrar for the purposes of determining any matter concerning the specified contract, determines a date of termination for the specified contract, then the specified contract terminates upon the expiry of that day. |
| (4) To avoid doubt, if a specified contract is terminated under any other written law or rule of law (subject to the modifications specified in Division 5), nothing in this section alters the date of termination of the specified contract as provided under that other written law or rule of law. [Act 37 of 2020 wef 14/01/2021] |
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50. To avoid doubt, section 49 —| (a) | does not apply to a specified contract that is a contract of national interest; but | | (b) | applies to a specified contract before a certificate is issued to one of the parties by the Minister or an authorised officer under section 60, certifying it to be a contract of national interest. [Act 37 of 2020 wef 14/01/2021] |
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| Division 3 — Compensation for landlords |
51.—(1) Where B seeks compensation from A pursuant to section 43(3), B must —| (a) | serve a notice for compensation on A within 2 weeks after the negotiation period for A’s notice of negotiation; and | | (b) | lodge that notice for compensation with the adjustment relief Registrar within the period in paragraph (a). |
(2) The adjustment relief Registrar may refuse to accept the notice for compensation for lodgment if —| (a) | the notice for compensation was not served and lodged in accordance with subsection (1); or | | (b) | B fails or refuses to provide any information or document reasonably required by the adjustment relief Registrar. |
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| (3) To avoid doubt, nothing in this Part prevents B from serving both a notice of objection under section 46 and a notice for compensation on A. [Act 37 of 2020 wef 14/01/2021] |
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| Withdrawal of notice for compensation |
52. B may, at any time before an adjustment relief assessor makes a determination concerning the compensation sought by B, withdraw B’s notice for compensation by —| (a) | serving a notice of withdrawal of the notice for compensation on A; and | | (b) | lodging that notice of withdrawal with the adjustment relief Registrar within 2 days after the date of the service of that notice of withdrawal on A. [Act 37 of 2020 wef 14/01/2021] |
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| Division 4 — Revision of repayment schedule |
| Notice of revision of repayment schedule |
53.—(1) Where A seeks a revision of the repayment schedule pursuant to section 43(5), A must serve a notice of revision on all the persons in subsection (2), in accordance with subsections (3) and (4).(2) The persons for the purpose of subsection (1) are all of the following:| (a) | B and B’s assignees; | | (b) | any person who is A’s guarantor or surety, or who has issued any performance bond or equivalent, in relation to any of A’s obligations under the specified contract. |
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(3) A must serve the notice of revision on all the persons in subsection (2) —| (a) | within 6 weeks, or such longer period as the Minister may determine by order in the Gazette, after —| (i) | the date of commencement of section 9 of the COVID‑19 (Temporary Measures) (Amendment No. 3) Act 2020; or | | (ii) | where A seeks to revise the repayment schedule under subsection (1) pursuant to a change in the substance of Part 1 or 2 of the Fourth Schedule, the date of commencement of the amendment effecting the change; and |
| | (b) | within the service period for that notice. |
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(4) The notice of revision must set out the revised repayment schedule proposed by A that satisfies the following requirements:| (a) | the amount covered by A’s revised repayment schedule must include, and only include —| (i) | moneys that became payable under the specified contract on or after 1 February 2020 and before the date of the notice of revision, and that remain unpaid on that date; | | (ii) | any interest imposed on any late payment of the moneys in sub‑paragraph (i) (determined in accordance with section 7A, where section 7A applies), accruing before the date of the notice of revision; and | | (iii) | interest on the amounts in sub‑paragraphs (i) and (ii) at the prescribed rate; |
| | (b) | the period of repayment must not exceed 18 months; | | (c) | the amount covered by A’s revised repayment schedule must be payable in equal instalments, on a monthly basis; | | (d) | the first instalment must be payable within one month after the period of 6 weeks, or such longer period as the Minister may determine by order in the Gazette, after the date of commencement of section 9 of the COVID‑19 (Temporary Measures) (Amendment No. 3) Act 2020. |
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(5) To avoid doubt —| (a) | the period of repayment in subsection (4)(b) may extend beyond the period provided in the specified contract for repayment; and | | (b) | upon service of the notice of revision, A cannot be required to pay any other interest or charge (however described) on the moneys mentioned in subsection (4)(a)(i) and (ii), that might be payable under the specified contract after the date of the notice of revision. [Act 37 of 2020 wef 14/01/2021] |
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54.—(1) Where B or B’s assignee (as the case may be) wishes to object to A’s revision of the repayment schedule, B or B’s assignee must —| (a) | serve a notice of objection on A and all the persons in section 53(2)(b) —| (i) | within the period of 2 weeks after the negotiation period for A’s notice of revision; and | | (ii) | within the service period for that notice; and |
| | (b) | lodge the notice of objection with the adjustment relief Registrar within the period in paragraph (a)(i). |
(2) B or B’s assignee (as the case may be) may only object to A’s revision of the repayment schedule on any one or more of the following grounds:| (a) | the contract in question is not a specified contract described in Part 1 of the Fourth Schedule; | | (b) | A does not satisfy the requirements in Part 2 of the Fourth Schedule; | | (c) | the notice of revision was not served in accordance with section 53; | | (d) | A’s proposed revised repayment schedule does not satisfy the requirements in paragraphs (a) to (d) of section 53(4). |
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(3) The adjustment relief Registrar may refuse to accept the notice of objection for lodgment if —| (a) | the notice of objection was not served and lodged in accordance with subsection (1); or | | (b) | B or B’s assignee (as the case may be) fails or refuses to provide any information or document reasonably required by the adjustment relief Registrar. |
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| (4) Pending the determination of an adjustment relief assessor on the validity of any objection by B or B’s assignee (as the case may be), A may make the payments in accordance with A’s proposed revised repayment schedule. [Act 37 of 2020 wef 14/01/2021] |
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55. B or B’s assignee (as the case may be) may, at any time before an adjustment relief assessor makes a determination concerning A’s proposed revision to the repayment schedule, withdraw its notice of objection by —| (a) | serving a notice of withdrawal of the notice of objection on A, and B and B’s assignees (but not on the person making the withdrawal), within the service period for that notice of withdrawal; and | | (b) | lodging that notice of withdrawal with the adjustment relief Registrar within the service period for that notice of withdrawal. [Act 37 of 2020 wef 14/01/2021] |
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| Revised repayment schedule to form part of specified contract |
56. Where —| (a) | B and B’s assignees do not object to A’s proposed revised repayment schedule under section 54(1); | | (b) | the adjustment relief Registrar refuses to accept any notice of objection for lodgment under section 54(3); | | (c) | every notice of objection served and lodged is withdrawn under section 55; or | | (d) | the adjustment relief assessor dismisses all of B’s and B’s assignees’ objections, |
| (e) | the revised repayment schedule forms part of the specified contract as from the date of the notice of revision, and prevails over any term of the specified contract to the extent of any inconsistency between them; and | | (f) | A is discharged from any liability to pay any interest or charge mentioned in section 53(5)(b). [Act 37 of 2020 wef 14/01/2021] |
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| Time when revised repayment schedule ceases to apply |
57.—(1) Where —| (a) | A fails to pay any instalment under the revised repayment schedule within 14 days after the date on which the instalment is due to be paid under the revised repayment schedule; | | (b) | A terminates or repudiates the specified contract during the period covered by the revised repayment schedule; or | | (c) | B terminates the specified contract for any default by A other than a failure mentioned in paragraph (a), |
| then the revised repayment schedule ceases to have effect and the following become payable immediately (called in this section the outstanding repayments): |
| (d) | the amount of any instalment payable under the revised repayment schedule before the date of the occurrence of the event in paragraph (a), (b) or (c) (as the case may be) and that remains unpaid on that date; | | (e) | the instalments payable under the revised repayment schedule on or after that date, excluding the amount in section 53(4)(a)(iii) that is part of those instalments. |
| (2) As from and including the date of the occurrence of the event in subsection (1)(a), (b) or (c) (as the case may be), the outstanding repayments are subject to all interest and other late payment charges (however described) stipulated under the specified contract until the date that the outstanding repayments are repaid. [Act 37 of 2020 wef 14/01/2021] |
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| Passing of title to goods |
| 58. Despite anything in the specified contract, title to any goods that are the subject of the specified contract passes to A when A has paid all moneys required to be paid by A under this Division. [Act 37 of 2020 wef 14/01/2021] |
Division 5 — Adjustment of rights and obligations for terminated contract |
| Adjustment of rights and obligations for terminated contract |
59.—(1) C may seek to adjust the rights and obligations of the parties and their assignees under the terminated contract in accordance with Division 2.(2) For the purpose of subsection (1) —| (a) | sections 45 to 48 apply, with each reference to A read as a reference to C, and each reference to B read as a reference to any other party to the terminated contract; | | (b) | the ground of objection in section 46(2)(a) that the contract is of national interest is omitted; | | (c) | despite section 48(1), C may withdraw its notice of negotiation at any time before the date of determination by an adjustment relief assessor concerning whether C satisfies the requirements of Part 3 of the Second Schedule, by serving the notice of withdrawal of the notice of negotiation in the manner described in section 48(1); and | | (d) | despite section 48(3), any other party or its assignee (as the case may be) may withdraw its notice of objection at any time before the date of determination by an adjustment relief assessor concerning whether there is any valid ground of objection to C’s notice of negotiation, by serving and lodging the notice of withdrawal in the manner described in section 48(3). |
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| (3) To avoid doubt, the fact that the specified contract is terminated under any other written law or rule of law before section 45 can be applied does not prevent sections 45 to 48 (as modified) from applying to C, and the other parties and their assignees to the terminated contract. |
| (4) To avoid doubt, where a notice under Division 2 is served or lodged before the specified contract is terminated as mentioned in section 43(6), those notices are treated as if they had been served or lodged for the purposes of this Division. [Act 37 of 2020 wef 14/01/2021] |
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| Division 6 — Contracts of national interest |
| Certification of contract of national interest |
60.—(1) The Minister charged with the responsibility under Article 30 of the Constitution of the Republic of Singapore for the subject to which a specified contract relates may, on the Minister’s own motion or at the request of any party to the specified contract, certify that the specified contract is a contract of national interest.| (2) The Minister may authorise any public officer to certify any specified contract as a contract of national interest under subsection (1) on the Minister’s behalf. |
| (3) For the purpose of issuing a certificate under this section, the Minister or authorised officer may by written notice require any person to provide the Minister or authorised officer with such information or document as the Minister or authorised officer may require, within the time specified in the notice. |
| (4) Except where the person so notified is under a statutory obligation to observe secrecy in relation to the information or document sought, the person must comply with the notice. |
| (5) A person who, without reasonable excuse, fails to comply with subsection (4) shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $1,000. |
| (6) It is not a defence to a charge under subsection (5) for a person’s failure to provide any information or document sought from the person under subsection (3), that the person is under a duty of secrecy (other than a statutory duty of secrecy) in respect of the information or the contents of that document. |
| (7) A person who in good faith complies with the notice in subsection (3) is treated as not being in breach of that duty of secrecy despite any law or the terms of any contract. |
| (8) A certificate issued by the Minister or authorised officer in respect of any specified contract is conclusive that the specified contract is a contract of national interest. [Act 37 of 2020 wef 14/01/2021] |
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| Notice of negotiation for contract of national interest and notice for repricing |
61.—(1) Where a party to a specified contract that satisfies the requirements in Part 3 of the Second Schedule (called in this Part D) is issued with a certificate certifying that the specified contract is a contract of national interest, D may at any time serve a notice of negotiation for contract of national interest on all the other parties to the specified contract and seek a renegotiation of the price of the specified contract during the negotiation period for that notice of negotiation for contract of national interest.(2) Where the renegotiation fails, D may seek a repricing of the specified contract by —| (a) | serving a notice for repricing on all the persons in subsection (3), in accordance with subsection (4); and | | (b) | lodging that notice with the adjustment relief Registrar within the period in subsection (4)(a). |
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(3) The persons for the purpose of subsection (2)(a) are as follows:| (a) | any other party to the specified contract; | | (b) | any person who is D’s guarantor or surety, or who has issued any performance bond or equivalent, in relation to any of D’s obligations under the specified contract; | | (c) | any assignee of any other party to the specified contract. |
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(4) D must serve the notice for repricing on the persons in subsection (3) —| (a) | within the period of 2 weeks after the negotiation period for the notice of negotiation for contract of national interest; and | | (b) | within the service period for the notice of repricing. [Act 37 of 2020 wef 14/01/2021] |
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| Withdrawal of notice for repricing |
62. D may, at any time before an assessor makes a determination concerning the repricing of the specified contract sought by D, withdraw D’s notice for repricing by —| (a) | serving a notice of withdrawal of the notice for repricing on all the other parties and their assignees within the service period for that notice of withdrawal; and | | (b) | lodging that notice of withdrawal with the adjustment relief Registrar within the service period for that notice of withdrawal. [Act 37 of 2020 wef 14/01/2021] |
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| Division 7 — Adjustment relief assessor’s determination |
| Adjustment relief Registrar |
63.—(1) The Minister is to appoint an adjustment relief Registrar of adjustment relief assessors, to carry out the duties imposed on an adjustment relief Registrar under this Part.| (2) The Minister may in addition appoint adjustment relief Deputy Registrars. |
| (3) Subject to regulations made under section 79, all the powers and duties conferred and imposed on the adjustment relief Registrar may be exercised by an adjustment relief Deputy Registrar. |
| (4) The adjustment relief Registrar may, in any particular case, extend the time for service or lodgment of any notice under this Part. [Act 37 of 2020 wef 14/01/2021] |
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| Panel of adjustment relief assessors |
| 64. The Minister must appoint a panel of adjustment relief assessors comprising such number of persons who satisfy the requirements prescribed for the purposes of this section, for the purpose of making the determinations in section 66. [Act 37 of 2020 wef 14/01/2021] |
| Appointment of adjustment relief assessors |
65.—(1) Where, in relation to any specified contract, the adjustment relief Registrar has accepted for lodgment —| (a) | any notice of objection pursuant to section 46(1) (including that section as applied by Division 5); | | (b) | any notice for adjustment pursuant to section 47(1) (including that section as applied by Division 5); | | (c) | any notice for compensation pursuant to section 51(1); | | (d) | any notice of objection pursuant to section 54(1); or | | (e) | any notice for repricing pursuant to section 61(2), |
| then, the adjustment relief Registrar must appoint an adjustment relief assessor to make the determination or determinations in section 66 in relation to the specified contract. |
(2) Where, in relation to any specified contract, the adjustment relief Registrar —| (a) | has refused to accept any notice of objection for lodgment under section 46(3); or | | (b) | any notice of objection lodged pursuant to section 46(1) has been withdrawn, |
| then, if any determination is required to be made by an adjustment relief assessor for the adjustment of the rights and obligations of the parties and their assignees, the adjustment relief Registrar must appoint an adjustment relief assessor to make the determination. |
[Act 37 of 2020 wef 14/01/2021] |
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| Adjustment relief assessor’s determinations |
66.—(1) For a notice of objection lodged under section 46, the adjustment relief assessor —| (a) | must determine whether there is any valid ground of objection; and | | (b) | if there is no valid ground of objection, must —| (i) | determine the date of termination of the contract in accordance with section 49; and | | (ii) | determine the adjustment of the rights and obligations of the parties and their assignees in accordance with Part 4 of the Second Schedule or, where it is just and fair to do so, in any way different from the manner set out in Part 4 of the Second Schedule. |
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| (2) In making a determination under subsection (1)(a), the adjustment relief assessor may take into account a ground not stated in the notice of objection. |
| (3) In making a determination under subsection (1)(b)(i), the adjustment relief assessor may take into account any date proposed by any party as the date of termination. |
| (4) The determinations under subsection (1)(a) and (b)(i) and (ii) need not be made together on the same day. |
| (5) Nothing in subsection (1) prevents an adjustment relief assessor from making the determinations in subsection (1)(b) without first determining whether the contract in question is governed by Singapore law. |
(6) For a notice for adjustment lodged under section 47, the adjustment relief assessor —| (a) | must determine whether there is any valid ground of objection; and | | (b) | if there is no valid ground of objection, must determine the adjustment of the rights and obligations of the parties and their assignees in accordance with Part 4 of the Second Schedule or, where it is just and fair to do so, in any way different from the manner set out in Part 4 of the Second Schedule. |
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(7) For a notice for compensation lodged under section 51, the adjustment relief assessor must —| (a) | determine whether —| (i) | the specified contract is one that is described in Part 1 of the Third Schedule; and | | (ii) | B satisfies the requirements in Part 2 of the Third Schedule; and |
| | (b) | if the requirements in paragraph (a) are satisfied, further determine the amount of compensation payable by A to B. |
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(8) For a notice of objection lodged under section 54, the adjustment relief assessor must —| (a) | determine whether there is any valid ground of objection; and | | (b) | where the adjustment relief assessor determines that the only valid objection is that A’s proposed revised repayment schedule does not satisfy any requirement in paragraphs (a) to (d) of section 53(4), determine what the revised repayment schedule should be. |
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| (9) In making a determination under subsection (8)(a), the adjustment relief assessor may take into account a ground not stated in the notice of objection. |
(10) For a notice for repricing lodged under section 61, an adjustment relief assessor must determine —| (a) | whether D satisfies the requirements in Part 3 of the Second Schedule; and | | (b) | whether the contract should be repriced and, if so, the price to be applied to the contract. |
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| (11) Where section 65(2) applies, the adjustment relief assessor must determine the adjustment of the rights and obligations of the parties and their assignees in accordance with Part 4 of the Second Schedule or, where it is just and fair to do so, in any way different from the manner set out in Part 4 of the Second Schedule. [Act 37 of 2020 wef 14/01/2021] |
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| Subsequent determinations |
67.—(1) After an adjustment relief assessor has made a determination under section 66, the adjustment relief assessor or another adjustment relief assessor may, either on his or her own motion or on the application of all or any of the persons to whom the adjustment relief assessor’s determination relates —| (a) | vary or replace the determination if —| (i) | one of those persons adduces further information or documents after the determination which would have a material influence on the determination but which could not have with reasonable diligence been obtained for use at the proceedings before the adjustment relief assessor prior to the determination; and | | (ii) | it is just and fair for a variation or replacement of the determination to be made under subsection (1); |
| | (b) | where one of those persons is required by the determination to make any payment — grant that person an extension of time to make the payment or determine that the person make the payment in instalments; or | | (c) | undertake a further review of the matter and make any further determination as is appropriate to achieve a just and fair outcome. |
(2) In considering whether it is just and fair for a variation or replacement of the determination to be made under subsection (1)(a), or whether to make any further determination under subsection (1)(c), the adjustment relief assessor must take into account the following factors:| (a) | whether there has been any undue delay in the making of the application for a subsequent determination under subsection (1); | | (b) | whether any person has taken any action in reliance on the determination. [Act 37 of 2020 wef 14/01/2021] |
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| Enforcement of adjustment relief assessor’s determinations |
68.—(1) The determinations under sections 66 and 67 may, with leave of the court, be enforced in the same manner as a judgment or an order of the court to the same effect.| (2) Where leave of the court is so granted, judgment may be entered in the terms of the determinations. |
| (3) The determinations are binding on all the parties and their assignees to the specified contract in question and all other persons claiming under or through them. |
| (4) There is no appeal from the determinations. |
| (5) A person who, without reasonable excuse, fails to comply with any determination binding on the person shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $1,000. [Act 37 of 2020 wef 14/01/2021] |
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| No representation by advocate and solicitor |
| 69. No party or assignee may be represented by an advocate and solicitor at proceedings before an adjustment relief assessor, except with the permission of the adjustment relief assessor. [Act 37 of 2020 wef 14/01/2021] |
| 70. Each party or assignee must bear the party’s or assignee’s own costs for proceedings before an adjustment relief assessor. [Act 37 of 2020 wef 14/01/2021] |
| Confidentiality of proceedings |
71.—(1) This section applies to the following information:| (a) | any statement or document submitted, created or made for the purposes of a proceeding before an adjustment relief assessor; | | (b) | any information (whether written or oral) that is disclosed in the course of the proceeding. |
(2) A person who is a party to the proceeding must not disclose to any other person any information in subsection (1), except —| (a) | with the consent of the person to whom the information relates; | | (b) | to the extent that the information is already in the public domain; | | (c) | to the extent that the disclosure is necessary for the purposes of, or in connection with, the proceeding, the enforcement of an adjustment relief assessor’s determination, or any proceeding before a court or an arbitral tribunal; or | | (d) | to the extent that the disclosure is required for any purpose under this Act. |
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| (3) A person who contravenes subsection (2) shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $1,000. |
| (4) Where there is a contravention of subsection (2), a person who has suffered loss or damage as a result of the contravention has a right of action against the person who contravenes that subsection. |
| (5) The types of relief the court may grant in an action under subsection (4) include an injunction and damages. [Act 37 of 2020 wef 14/01/2021] |
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| Adjustment relief Registrar and adjustment relief assessors treated as public servants |
| 72. The adjustment relief Registrar or an adjustment relief assessor who, in the course of his or her duties under this Part, exercises any power as such, is treated as a public servant for the purposes of the Penal Code (Cap. 224) when exercising such power. [Act 37 of 2020 wef 14/01/2021] |
| Protection from liability |
| 73. No liability shall lie against the adjustment relief Registrar or an adjustment relief assessor with respect to anything done or omitted to be done in good faith and with reasonable care in the discharge or purported discharge of the adjustment relief Registrar’s or adjustment relief assessor’s functions and duties under this Part. [Act 37 of 2020 wef 14/01/2021] |
| Division 8 — Miscellaneous |
74.—(1) All notices required to be served or lodged under this Part must be in the prescribed form, and include the supporting documents prescribed (if any) for the notice.| (2) Without affecting subsection (1), all notices lodged with the adjustment relief Registrar must also be lodged with any information prescribed for the lodgment of the notice. |
| (3) To avoid doubt, a notice that is required to be served or lodged under this Part is not so served or lodged if it is not in the prescribed form, does not include any of the supporting documents prescribed for it or is not lodged with the prescribed information, as the case may be. |
| (4) To avoid doubt, the withdrawal of any notice under this Part does not prevent another of such notice of the type withdrawn being served and lodged, if such notice may be served and lodged in accordance with the requirements of this Part. [Act 37 of 2020 wef 14/01/2021] |
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| Confidentiality of information and documents served |
75.—(1) A person who is served with any notice under this Part must not disclose to any other person any information in or supporting document served with the notice, except —| (a) | with the consent of the person to whom the information or document relates; | | (b) | to the extent that the information or document is already in the public domain; | | (c) | to the extent that the disclosure is necessary for the purposes of, or in connection with, any proceeding before an adjustment relief assessor, the enforcement of an adjustment relief assessor’s determination, or any proceeding before a court or an arbitral tribunal; or | | (d) | to the extent that the disclosure is required for any purpose under this Act. |
| (2) A person who contravenes subsection (1) shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $1,000. |
| (3) Where there is a contravention of subsection (1), a person who has suffered loss or damage as a result of the contravention has a right of action against the person who contravenes the subsection. |
| (4) The types of relief the court may grant in an action under subsection (3) include an injunction and damages. [Act 37 of 2020 wef 14/01/2021] |
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76. A person who —| (a) | makes any declaration or statement, or provides any information or document, under or for the purposes of this Part that is false or misleading in a material particular; and | | (b) | knows or ought reasonably to know that, or is reckless as to whether, the declaration, statement, information or document is false or misleading in a material particular, |
| shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $5,000 or to imprisonment for a term not exceeding 12 months or to both. |
[Act 37 of 2020 wef 14/01/2021] |
| Proceedings under other Acts |
77. The service by a person on any other person of any notice under this Part, and any proceedings before an adjustment relief assessor under this Part, are not treated as proceedings for the purposes of the following provisions:| (a) | section 210(10) of the Companies Act (Cap. 50); | | (b) | sections 64(1)(c) and (8)(c), 65(1)(c), 95(1)(c), 96(4)(c), 129, 133(1), 170(2), 248, 276(3), 293(1) and 327(1)(c) of the Insolvency, Restructuring and Dissolution Act 2018 (Act 40 of 2018); | | (c) | repealed sections 211B(1)(c) and (8)(c), 211C(1)(c), 227C(c), 227D(4)(c), 258, 262(3), 299(2) and 353 of the Companies Act, to the extent that they continue to apply under section 526 of the Insolvency, Restructuring and Dissolution Act 2018; | | (d) | sections 45(3), 56F(1) and 76(1)(c) of the repealed Bankruptcy Act (Cap. 20), to the extent that they continue to apply under section 525 of the Insolvency, Restructuring and Dissolution Act 2018; | | (e) | any other prescribed written law. [Act 37 of 2020 wef 14/01/2021] |
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| Amendment of Second, Third, Fourth and Fifth Schedules |
78.—(1) The Minister may, by order in the Gazette, at any time in the period of 2 months after the date of commencement of section 9 of the COVID-19 (Temporary Measures) (Amendment No. 3) Act 2020, amend the Second, Third, Fourth or Fifth Schedule.(2) Where, as a result of an amendment under subsection (1) —| (a) | a contract ceases to be a specified contract under Part 1 of the Second Schedule, Part 1 of the Third Schedule or Part 1 of the Fourth Schedule; or | | (b) | a party to a specified contract ceases to satisfy the requirements in Part 3 of the Second Schedule, Part 2 of the Third Schedule or Part 2 of the Fourth Schedule, |
| the relevant provisions of this Part continue to apply in relation to the contract or the person if, before the date on which the amendment comes into operation — |
| (c) | a notice of negotiation has been served under section 45 on any one of the parties to the contract; | | (d) | a notice for compensation has been served under section 51 on A; | | (e) | a notice of revision has been served under section 53 on B; or | | (f) | a notice of negotiation for contract of national interest has been served under section 61(1) on any one of the other parties to the contract, |
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| (3) The Minister may, in the order, make any saving and transitional provisions that may be necessary or expedient. [Act 37 of 2020 wef 14/01/2021] |
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| Regulations for this Part |
79.—(1) The Minister may make regulations for or with respect to any matter that is required or permitted to be prescribed or that is necessary or convenient to be prescribed for carrying out or giving effect to this Part (including the Second, Third, Fourth and Fifth Schedules).(2) Without limiting subsection (1), regulations may be made for or with respect to —| (a) | the forms to be used for any notice or other document required to be served or lodged under this Part; | | (b) | any supporting documents that must be served or lodged together with any notice under this Part; | | (c) | where any notice may be served under this Part, any other person (in addition to the persons specified in this Part) on whom the notice must be served; | | (d) | the manner of service of any document and when it is deemed served; | | (e) | the procedure and practice for a proceeding before an adjustment relief assessor, including requiring the proceeding to be held in private and the treatment of confidential information; | | (f) | the manner in which the adjustment relief Registrar or an adjustment relief assessor is to exercise his or her functions or perform his or her duties; | | (g) | the extension by the adjustment relief Registrar or an adjustment relief assessor of any time within which any document is to be filed or furnished; | | (h) | the fees and charges and their method of payment for the purposes of this Part; and | | (i) | the prescribing of any matter that may be prescribed under this Part or the Second, Third, Fourth or Fifth Schedule. [Act 37 of 2020 wef 14/01/2021] |
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