Section 50 — Effect of certificate

To avoid doubt, section 49 —

(a)does not apply to a specified contract that is a contract of national interest; but

(b)applies to a specified contract before a certificate is issued to one of the parties by the Minister or an authorised officer under section 60, certifying it to be a contract of national interest.[Act 37 of 2020 wef 14/01/2021]