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Leases for commercial equipment, vehicles to be covered by Covid-19 Act

Janice Heng

Janice Heng

Published Fri, Jun 19, 2020 · 09:50 PM

DeeperDive is a beta AI feature. Refer to full articles for the facts.

Singapore

FROM June 20, leases or rental agreements for commercial equipment or commercial vehicles will be covered by laws that provide temporary relief where contractual obligations cannot be fulfilled due to Covid-19, said the Ministry of Law on Friday.

These join several other categories of contracts already covered by the Covid-19 (Temporary Measures) Act passed on April 7, such as leases and licences for non-residential property and event- or tourism-related contracts.

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