Singapore legislation
Section 78
Section 78
No effect to be given to suspended or terminated contract
Amended by36/2012
(1)
A party to a contract suspended, terminated or deemed to be terminated in accordance with section 76 must not give any effect to any part of the contract during the period of suspension or upon the termination of the contract, as the case may be.
Amended by36/2012
(2)
Any casino operator who contravenes subsection (1) shall be liable to disciplinary action.
(3)
Any person (other than a casino operator) who contravenes subsection (1) shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $150,000 and, in the case of a continuing offence, to a further fine not exceeding $15,000 for every day or part of a day during which the offence continues after conviction.