COVID-19 (Temporary Measures) Act 2020
09 Apr 2020
On 7 April 2020, the COVID-19 (Temporary Measures) Act 2020 (the COVID-19 Act) was passed by the Singapore Parliament.
The COVID-19 Act is a novel legislation borne out of necessity in light of the challenging global circumstances arising from the pandemic.
We set out the policy considerations underpinning the COVID-19 Act, as well as further details on the operation of the COVID-19 Act, which is targeted to offer temporary relief to businesses and individuals who are unable to fulfil their contractual obligations because of COVID-19.
In this legal update, we also discuss how businesses may determine whether they meet the criteria for temporary relief.
To find out more about this legal update and how it may affect your business, please click here.