3.—(1) For the purposes of section 36(1)(a)(i) of the Act, the following are prescribed contracts:
(a)
a lease agreement with the prescribed term mentioned in regulation 4(1)(a) or (b);
(b)
a goods rental contract with the prescribed term mentioned in regulation 4(2)(a) or (b).
(2) [Deleted by S 952/2020 wef 18/11/2020]
(3) For the purposes of section 36(1)(a)(iii) of the Act, a prescribed contract is affected in the prescribed manner if —
(a)
for a lease agreement in relation to any non‑residential immovable property, with the prescribed term mentioned in regulation 4(1)(a) — the lessor is or will be unable to deliver possession or allow use or occupation of the non‑residential immovable property, in accordance with that prescribed term because of a delay or breach mentioned in section 36(1)(a)(iii) of the Act;
(b)
for a lease agreement in relation to any non‑residential immovable property, with the prescribed term mentioned in regulation 4(1)(b) — the lessee is or will be unable to carry out or complete renovation or fitting out works for the non‑residential immovable property during the reduced rent period because of a delay or breach mentioned in section 36(1)(a)(iii) of the Act; or
(c)
for a goods rental contract with the prescribed term mentioned in regulation 4(2)(a) or (b) — the lessee of the goods is or will be liable for rent for the continued possession of the goods because of a delay or breach mentioned in section 36(1)(a)(iii) of the Act.
(4) For the purposes of section 36(1)(b) of the Act, it is a prescribed condition that the lessor or lessee (as the case may be) could not have reasonably avoided the inability or liability mentioned in paragraph (3)(a), (b) or (c), as the case may be.