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Adjudication: Singapore Perspective

机译:裁决:新加坡视角

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摘要

Adjudication was introduced into Singapore under the Building and Construction Industry Security of Payment Act of 2004. The Singapore regime is the seventh of its kind, taking after the precedent regimes in the United Kingdom, Australia (in the states of New South Wales, Queensland, Victoria, and Western Australia), and New Zealand. The adjudication regime in Singapore most closely resembles the regime in New South Wales under the Building and Construction Industry Security of Payment Act of 1999. Based on the statistics currently available, it would appear that the Singapore regime has enjoyed some success thus far in achieving its policy objectives of expediting payment and improving cash flow within the construction industry. There is some indication that this has been due to a positive change in the underlying mindset towards payment in the construction industry. Nevertheless, it remains to be seen whether this success can be sustained and improved upon. This may have wider implications including a possible reduction in the use of litigation and arbitration proceedings for resolving construction payment disputes in Singapore.
机译:判决是根据2004年《建筑和建造业支付安全法》引入新加坡的。新加坡制度是继英国,澳大利亚(昆士兰州新南威尔士州,维多利亚州和西澳大利亚州)和新西兰。新加坡的审判制度与1999年《建筑和建筑业支付安全法案》中的新南威尔士州制度最为相似。根据目前可用的统计数据,迄今为止,新加坡制度似乎在实现其目标方面取得了一些成功。加快付款并改善建筑业现金流的政策目标。有迹象表明,这是由于建筑业对支付的基本观念发生了积极变化。然而,是否可以持续和改善这种成功还有待观察。这可能会产生更广泛的影响,包括可能减少使用诉讼和仲裁程序来解决新加坡的建筑付款纠纷。

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