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Always revitalising and evolving |
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About the project The Singapore Academy of Law’s Law Reform Committee considered whether Singapore should ratify the United Nations Convention on Contracts for the International Sale of Goods (‘CISG’), which Singapore was a signatory to on 11 April 1980. The Convention aims to provide a fair and uniform regime for contracts for the international sale of goods, thus helping to make such contracts more predictable and reducing transaction costs. The Committee recommended that Singapore should ratify the Convention, with the reservation that it should not be bound by Article 1(1)(b) and that the Convention should apply to contracts of sale only between parties whose places of business are in different contracting states to the Convention. Further, it recommended that the Convention be implemented in domestic law through the enactment of a Sale of Goods (United Nations Convention) Act. Project status: Completed
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Areas of law Click on the image above to view the report |
