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DIRECTORY OF SINGAPORE PROCESS & CHEMICALS INDUSTRIES 2021/2022
EVENT HIGHLIGHTS |
“Bringing members closer to Share, Learn and Grow Together”
Knowledge, Education, Experience & Networking (KEEN)
COVID-19 LEGAL WEBINAR SERIES – NEW COVID-19 (TEMPORARY MEASURES) ACT
I n April 2020, the Singapore Parliament passed the COVID-19 (Temporary Measures) Act which offered temporary
relief to companies who were unable to perform their contractual obligations due on or after 1 February 2020 because of COVID-19 restrictions.
The Act was subsequently extended until 30 March 2021, with further amendments as the pandemic had continued to affect companies’ ability to fulfil their contractual obligations. As the Act had direct implications for the Construction and Process industries, the Association, with the help of Mr David Shanmugam, Counsel of Netto & Magin LCC,
presented a fourth “COVID-19 Legal Webinar” on 28 January 2021 to update ASPRI members on the new amendments.
Mr Shanmugam began the webinar by giving a recap of the wide range of reliefs available under Section 5 of the Act. He explained that contracting parties could apply to a government-appointed registrar to appoint an assessor to resolve disputes to safeguard against unfair outcomes. The assessor could determine whether the relevant contract was covered by the Act; and whether the party’s inability to perform contractual obligations was materially caused by a COVID-19 event.
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