Singapore legislation
Regulation 20
of Conveyancing and Law of Property (Conveyancing) Rules 2011
Regulation 20
Scheme for adjudication of relevant disputes
Subregulation 1
For the purposes of section 73E of the Act, there shall be established a Scheme for the adjudication of relevant disputes.
Subregulation 2
The Society shall be the administrator for the Scheme.
Subregulation 3
The procedure for the adjudication, under the Scheme, of any relevant dispute, and the terms and conditions of the Scheme, are as set out in the Fourth Schedule.
Subregulation 4
In this rule and the Fourth Schedule —
Definition
“relevant dispute” means any dispute arising from —
a refusal, by a person requested by a solicitor under rule 7(9) or (10) to countersign a pay-out form or variation pay-out form relating to the payment of any conveyancing money from the solicitor’s conveyancing account or conveyancing (CPF) account, to countersign that pay-out form or variation pay-out form; or
a refusal, by a person requested by a solicitor under rule 17(1) or (2) to countersign a pay-out form or variation pay-out form under the Academy’s Rules relating to the payment of any conveyancing money deposited by the solicitor with the Academy, to countersign that pay-out form or variation pay-out form;
Definition
“Scheme” means the Scheme established under paragraph (1).