1A. Self-Assessment Tool
Self-Assessment Tool
We recommend that both parties first discuss, understand each other’s positions, and try to reach a compromise which parties can do, taking into account the framework set out in the Act.
If you would like a preliminary assessment as to whether your case qualifies for relief under the Act, you can use the online self-assessment tool developed in collaboration with the State Courts and Temasek Polytechnic.
Important Note: The prescribed period under the Act has been extended from 19 October 2020 to the following:
| Prescribed Period | Categories of Contracts |
| To 19 November 2020 | – Leases and licences of non-residential property – Hire-purchase and conditional sales agreements with banks or MAS-regulated finance companies for commercial vehicles, or plant/machinery used for commercial purposes – Loans to SMEs secured by certain collateral in Singapore |
| To 31 January 2021 | – Hire-purchase and conditional sales agreements with financing companies (other than banks or MAS-regulated finance companies) for commercial vehicles, or plant/machinery used for commercial purposes – Rental agreements for commercial equipment or commercial vehicles – Event and tourism-related contracts |
| To 30 June 2021 | – Options to purchase and sale and purchase agreements with developers |
| To 31 December 2021 | – Construction contracts or supply contracts, or any performance bond granted thereto |