Singapore legislation

Clause 10

of International Arbitration (Amendment) Bill

Clause 10

Amendment of section 12

Section 12 of the principal Act is amended —

(a)

by inserting, immediately after the word “is” in subsection (1)(d), the words “or forms part of”;

(b)

by inserting, immediately after paragraph (d) of subsection (1), the following paragraphs:“(da)samples to be taken from, or any observation to be made of or experiment conducted upon, any property which is or forms part of the subject-matter of the dispute;

(db)the preservation and interim custody of any evidence for the purposes of the proceedings;”; and

(c)

by inserting, immediately after subsection (3), the following subsection:“(3A) The power of the arbitral tribunal to order a claimant to provide security for costs as referred to in subsection (1)(a) shall not be exercised by reason only that the claimant is —

(a)

an individual ordinarily resident outside Singapore; or

(b)

a corporation or an association incorporated or formed under the law of a country outside Singapore, or whose central management and control is exercised outside Singapore.”.

Read in full context — International Arbitration (Amendment) Bill →