The COVID-19 (Temporary Measures) Act (No. 14 of 2020) (the “Act”) was enacted and passed on 7 April 2020. Together with the financial measures announced across the three budgets (most recently in the Solidarity Budget of 6 April 2020), the Act aims to provide targeted and temporary relief to individuals and businesses that have been facing unexpected stresses due to the COVID-19 situation.
The Act complements the Singapore Government’s “circuit breaker” measures that took effect on 7 April 2020 by suspending various forms of legal action arising out of contractual obligations (i.e. a “legal circuit breaker”) for the effective duration of the Act.
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