Singapore legislation

Clause 78

of Casino Control Bill

Clause 78

No effect to be given to terminated contract

(1)

A party to a contract terminated or deemed to be terminated in accordance with section 76 shall not give any effect to any part of the contract.

(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 thereof during which the offence continues after conviction.