Singapore legislation
Regulation 14
of Building and Construction Industry Security of Payment Regulations
Regulation 14
Deposit for review adjudicator’s fees for adjudication review proceedings
Subregulation 1
An authorised nominating body may require the party who lodged the adjudication review application (called in this regulation the review applicant) to pay an initial deposit in respect of the fees payable to the review adjudicator or panel of review adjudicators, as the case may be, for the adjudication review proceedings, and such initial deposit shall be paid at the time of lodgment of the adjudication review application.
Subregulation 2
Where the review adjudicator or panel of review adjudicators, as the case may be, requests a longer period for making a determination on an application and both the claimant and the respondent agree to that longer period under section 19(3) of the Act, the review adjudicator or panel of review adjudicators, as the case may be, shall immediately inform the authorised nominating body —
of such part, if any, of the review applicant’s initial deposit that is in excess of the accrued fees for the adjudication review; and
to what extent an additional deposit (if any) by the review applicant is required in respect of the fees of the review adjudicator or panel of review adjudicators, as the case may be, for the additional days to be taken for the adjudication review during the longer period,and the authorised nominating body may require the review applicant to pay the additional deposit (if any) within 3 days after being required to do so.
Subregulation 3
The initial deposit referred to in paragraph (1) shall not exceed —
$2,400 where the claimed amount does not exceed $24,000; or
where the claimed amount exceeds $24,000, 10% of the claimed amount or $33,600, whichever is the lower.
Subregulation 4
The initial deposit and additional deposit referred to in paragraphs (1) and (2) respectively shall not exceed in the aggregate —
$2,400 where the claimed amount does not exceed $24,000; or
where the claimed amount exceeds $24,000, 10% of the claimed amount.
Subregulation 5
In the event the additional deposit is not fully paid within the time limit referred to in paragraph (2), the review applicant is deemed to have withdrawn his agreement to the longer period for making a determination, and the review adjudicator or panel of review adjudicators, as the case may be, shall determine the application forthwith.