Contracts (Rights of Third Parties) Act 2001
General
17 May 2002
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Our Ref : 141/4-11
Fax : 6321 6596
President
Real Estate Developers' Association of Singapore
190 Clemenceau Ave #07-01
Singapore Shopping Centre
Singapore 239924
President
The Law Society of Singapore
39 South Bridge Road
Singapore 058673
The Controller of Housing has received several requests from developers seeking approval to insert a clause in the prescribed Sale & Purchase (S&P) Agreement to opt out of the Contracts (Rights of Third Parties) Act.
The following pre-approved clause may be inserted in the prescribed S&P Agreement without obtaining further approval from the Controller :
"A person who is not a party to this Agreement shall have no right under the Contracts (Rights of Third Parties) Act to enforce any of its terms."If you or your members have any queries concerning this circular, please contact Ms Low Kien Lay at Tel: 6329 3511 or Ms Tan Puey Choo at Tel: 6321 6580. This circular is also accessible at our website http://www.ura.gov.sg.
Thank You.
PETER TAN GUAN LEONG
CONTROLLER OF HOUSING
SINGAPORE
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