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Code of conduct covering retail space leasing to be turned into law

MTI to gather feedback on key provisions

Paige Lim
Venga Subramaniam

Paige Lim &

Venga Subramaniam

Published Mon, Jul 18, 2022 · 03:00 PM
    • At a media conference, the Fair Tenancy Industry Committee (FTIC) gave updates on the Code of Conduct (COC) for the leasing of retail premises in Singapore.
    • At a media conference, the Fair Tenancy Industry Committee (FTIC) gave updates on the Code of Conduct (COC) for the leasing of retail premises in Singapore. PHOTO: THE STRAITS TIMES

    THE recommendation by the Fair Tenancy Industry Committee (FTIC) to legislate compliance with the code of conduct (COC) for fair tenancy has been accepted by the Singapore government, the Ministry of Trade and Industry (MTI) and Singapore Business Federation (SBF) announced in their respective press statements on Jul 18.

    In the lead up to the impending legislation, MTI will conduct a public consultation from Jul 18 to Aug 5, 2022 to gather feedback on the key provisions, which will also include the establishment of a facilitated dispute resolution process.

    Low Yen Ling, Minister of State for MTI, said the establishment of the COC has been a significant step forward for the retail sector.

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    Tenants/LandlordsSingapore Business FederationMinistry of Trade & Industry

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