Singapore legislation
Clause 111
Clause 111
Prohibition of certain stipulations
(1)
No solicitor shall —
purchase or agree to purchase an interest or any part of the interest of his client or of any party in any suit, action or other contentious proceeding brought or to be brought or maintained; or
enter into any agreement by which he is retained or employed to prosecute any suit or action or other contentious proceeding which stipulates for or contemplates payment only in the event of success in such suit, action or proceeding.
(2)
Nothing in this Act shall be construed to give validity to any purchase or agreements prohibited by the provisions of subsection (1) of this section or to any disposition, contract, settlement, conveyance, delivery, dealing or transfer which is void or invalid against —
the Official Assignee under the law relating to bankruptcy;
a liquidator or receiver under the law relating to the winding-up of companies; or
a creditor in any composition.
(3)
A solicitor shall notwithstanding any provision of this Act be subject to the law of maintenance and champerty like any other person.