Commencement is 18 months after Royal Assent - late January, early February 2021.
Musings of a busy mind
The Trusts Bill passed its second reading (and the Committee of the House) yesterday, and should pass its third and final reading in the next day or so. Despite some teething problems, or growing pains if you prefer, mediation and arbitration are now recognised as means of resolving trust disputes.
With apologies to Neil Armstrong, this has proven to be a great leap for [a] man and a small step for mankind.
On Friday, Singapore's Ministry of Law launched a public consultation round for its International Arbitration Act.
Singapore is a major regional player in arbitration, and any changes to their legislation is worthy of note, particularly in the context of the recent changes to the New Zealand Arbitration Act 1996.