In forceAmended2020 Revised EditionCurrent version · 2020 Revised EditionSee versions on Singapore Statutes Online(opens the publisher’s site)
5. Grant of permission to record international settlement agreement as order of High Court
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Last amended by an amending law of 2021.
(1)
The High Court may, following an application under section 4(1)(a), grant permission to record an international settlement agreement as an order of court if the requirements of this Act are complied with.
international settlement agreement
Defined · s 2
“international settlement agreement” means a settlement agreement to which this Act applies under section 3;
(2)
Subject to this Act, an international settlement agreement that is recorded by the High Court as an order of court —
(a)
may be enforced in the same manner as a judgment given, or an order made, by the High Court; and
(b)
may be relied on by the party who made the application under section 4(1)(a) by way of defence, set‑off or otherwise in any court proceedings.