Singapore will Introduce COVID-19 (Temporary Measures) Bill

The Singapore Ministry of Law will introduce the COVID-19 (Temporary Measures) Bill (the Bill) in Parliament next week to address the impact of COVID-19 on businesses and individuals' ability to fulfil their contractual obligations. The Bill will also make some temporary changes relating to bankruptcy and insolvency.

The Bill will apply to various categories of contracts, including:

Filed under:
Singapore, Banking, Company & Commercial, Construction, Insolvency & Restructuring, Leisure & Tourism, Public, Trade & Customs, Baker McKenzie, Coronavirus
Authors:
Nandakumar Ponniya , Wong Tjen Wee
Location:
Singapore
Firm:
Baker McKenzie