§ 5 — Code of Conduct

5.—(1) For the purposes of this Act, the Code of Conduct is the Code of Conduct for Leasing of Retail Premises in Singapore (first issued by the Fair Tenancy Pro Tem Committee on 26 March 2021 and subsequently modified by that Committee), as may be modified from time to time under subsection (3), setting out leasing and negotiating principles to ensure fair and balanced bargaining positions between landlords and tenants in the negotiation of qualifying leases.(2) The Committee must publish the Code of Conduct in any manner that will secure adequate publicity of the Code of Conduct to landlords and tenants of retail premises.

(3) Where the Committee proposes to modify the Code of Conduct, the Committee must —(a)

obtain the Minister’s approval for the modification; and

(b)

on obtaining the Minister’s approval, publish the Code of Conduct (as so modified) in accordance with subsection (2) at least 30 days before the Code of Conduct (as so modified) is to take effect, specifying —(i)

the modifications so approved; and

(ii)

the date from and including which the Code of Conduct (as so modified) is to take effect.

(4) The Committee must also publish the following information in any manner that will secure its adequate publicity:(a)

that the latest version of the Code of Conduct, and all other versions of the Code of Conduct having effect at any time in at least the preceding 5 years before the date of first publication of the latest version of the Code of Conduct, are available for inspection without charge at the premises of the secretariat, during the normal office hours of the secretariat;

(b)

if the Code of Conduct is available in any other way, the details of where or how it can be so accessed or obtained.

(5) To avoid doubt, nothing in this section requires the Code of Conduct or any modification thereto to be published in the Gazette.

(6) The Committee must maintain such versions of the Code of Conduct as are necessary for the purpose of an inspection mentioned in subsection (4)(a), and for the purpose of being accessed or obtained under subsection (4)(b).

—(1) For the purposes of this Act, the Code of Conduct is the Code of Conduct for Leasing of Retail Premises in Singapore (first issued by the Fair Tenancy Pro Tem Committee on 26 March 2021 and subsequently modified by that Committee), as may be modified from time to time under subsection (3), setting out leasing and negotiating principles to ensure fair and balanced bargaining positions between landlords and tenants in the negotiation of qualifying leases.

(2) The Committee must publish the Code of Conduct in any manner that will secure adequate publicity of the Code of Conduct to landlords and tenants of retail premises.

(3) Where the Committee proposes to modify the Code of Conduct, the Committee must —(a)

obtain the Minister’s approval for the modification; and

(b)

on obtaining the Minister’s approval, publish the Code of Conduct (as so modified) in accordance with subsection (2) at least 30 days before the Code of Conduct (as so modified) is to take effect, specifying —(i)

the modifications so approved; and

(ii)

the date from and including which the Code of Conduct (as so modified) is to take effect.

(4) The Committee must also publish the following information in any manner that will secure its adequate publicity:(a)

that the latest version of the Code of Conduct, and all other versions of the Code of Conduct having effect at any time in at least the preceding 5 years before the date of first publication of the latest version of the Code of Conduct, are available for inspection without charge at the premises of the secretariat, during the normal office hours of the secretariat;

(b)

if the Code of Conduct is available in any other way, the details of where or how it can be so accessed or obtained.

(5) To avoid doubt, nothing in this section requires the Code of Conduct or any modification thereto to be published in the Gazette.

(6) The Committee must maintain such versions of the Code of Conduct as are necessary for the purpose of an inspection mentioned in subsection (4)(a), and for the purpose of being accessed or obtained under subsection (4)(b).