Section 4 — Applications in respect of international settlement agreements

(1)Subject to this Act, a party to an international settlement agreement may —

(a)apply to the High Court to record the agreement as an order of court for the purposes of —

(i)enforcing the agreement in Singapore; or

(ii)invoking the agreement in any court proceedings in Singapore involving a dispute concerning a matter that the party to the international settlement agreement claims was already resolved by the agreement, in order to prove that the matter has already been resolved; or

(b)in any proceedings in the High Court (whether exercising its original or appellate jurisdiction), or in any proceedings in the Court of Appeal —

(i)to which the party to the international settlement agreement is a party; and

(ii)which involves a dispute concerning a matter that the party claims was already resolved by the agreement, apply to the High Court or the Court of Appeal (as the case may be) to invoke the agreement in the proceedings in order to prove that the matter has already been resolved.

(2)This section does not limit or restrict any right or remedy of a party to an international settlement agreement that exists or may arise apart from this Act.