Page:COVID-19 (Temporary Measures) Act 2020.pdf/17

18 (3) The enforcement of any security in breach of section 5(2) is void except as against a bona fide purchaser for value without notice of the notification for relief.

(4) The following actions are void:
 * (a) the appointment of a receiver or manager over any property or undertaking of a person made in breach of section 5(2);
 * (b) a call on a performance bond or equivalent made in breach of section 6(2);
 * (c) the forfeiture of a deposit or part of a deposit made in breach of section 7(2).

(5) Each of the following actions taken in breach of section 5(2) is invalid:
 * (a) the repossession of any goods under any chattels leasing agreement, hire-purchase agreement or retention of title agreement;
 * (b) the termination of a lease or licence of immovable property where the subject inability is the non-payment of rent or other moneys;
 * (c) the exercise of a right of re-entry or forfeiture under a lease or licence of immovable property, or the exercise of any other right that has a similar outcome.

Division 3—Notification for relief Notification for relief

9.—(1) If a party to a scheduled contract (called in this section A) intends to seek relief under section 5 or 7, A must, within the period specified in regulations made under section 19, and whether with or without prior demand for performance, serve a notification for relief that contains the prescribed information on—
 * (a) the other party or parties to the contract;
 * (b) any guarantor or surety for A's obligation in the contract; and
 * (c) such other person as may be prescribed.