Civil Law (Third-Party Funding) (Amendment) Regulations 2021

Status:

Published in Subsidiary Legislation Supplement
on 21 Jun 2021

No. S 384

Civil Law Act

(CHAPTER 43)

Civil Law
(Third-Party Funding)
(Amendment) Regulations 2021

In exercise of the powers conferred by section 5B(8) of the Civil Law Act, the Minister for Law makes the following Regulations:

Citation and commencement

1. These Regulations are the Civil Law (Third‑Party Funding) (Amendment) Regulations 2021 and come into operation on 28 June 2021.

Deletion and substitution of regulations 2 and 3

2. Regulations 2 and 3 of the Civil Law (Third‑Party Funding) Regulations 2017 (G.N. No. S 68/2017) are deleted and the following regulations substituted therefor:

“Definitions

2. In these Regulations, unless the context otherwise requires —

“arbitration agreement” has the meaning given by section 4 of the Arbitration Act (Cap. 10) or section 2A of the International Arbitration Act (Cap. 143A), as the case may be;

“award” —

(a)	in relation to the Arbitration Act, has the meaning given by section 2 of that Act; and
(b)	in relation to the International Arbitration Act, has the meaning given by section 2 of that Act;

“court” means any court of competent jurisdiction;

“foreign award” has the meaning given by section 27 of the International Arbitration Act;

“Singapore International Commercial Court” has the meaning given by section 36O(1) of the Legal Profession Act (Cap. 161).

Prescribed dispute resolution proceedings

3. For the purposes of section 5B(1) of the Act, the following classes of proceedings are prescribed dispute resolution proceedings:

(a)

arbitration proceedings;

(b)

court proceedings arising from or out of or in any way connected with any arbitration proceedings;

(c)

application for a stay of proceedings mentioned in section 6 of the Arbitration Act or section 6 of the International Arbitration Act and any other application for the enforcement of an arbitration agreement;

(d)

proceedings for or in connection with the enforcement of an award under the Arbitration Act or an award or a foreign award under the International Arbitration Act;

(e)

mediation proceedings arising out of or in any way connected with —

(i)	the proceedings mentioned in paragraph (a), (b) or (d); or
(ii)	any application mentioned in paragraph (c);

(f)

proceedings commenced in the Singapore International Commercial Court for so long as those proceedings remain in the Singapore International Commercial Court;

(g)

appeal proceedings arising from any decision made in proceedings commenced in the Singapore International Commercial Court while those proceedings remained in the Singapore International Commercial Court;

(h)

mediation proceedings arising out of the proceedings mentioned in paragraph (f) or (g).”.

Made on 18 June 2021.

LAI WEI LIN

Permanent Secretary,
Ministry of Law,
Singapore.

[LAW 32/006/070; AG/LEGIS/SL/43/2020/1 Vol. 1]

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