/akn/my/act/amendment_act/2024/A1738

AKTA PEMBAYARAN DAN ADJUDIKASI INDUSTRI PEMBINAAN (PINDAAN) 2024

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Preamble

An Act to amend the Construction Industry Payment and

Adjudication Act 2012.

[

]

ENACTED by the Parliament of Malaysia as follows:

Short title and commencement

Section 1

This Act may be cited as the Construction Industry Payment and Adjudication (Amendment) Act...

(2

) This Act comes into operation on a date to be appointed by the Minister by notification in the Gazette.

Amendment of section 4

Section 2

The Construction Industry Payment and Adjudication Act 2012

[Act 746], which is referred to as the “principal Act” in this Act, is amended in section 4—

(a)

by inserting after the definition of “payment” the following definition:

‘ “President” means the President of the Asian

International Arbitration Centre Court of Arbitration;’;

and

(b)

by deleting the definition of “KLRCA”.

Laws of Malaysia 4

Akta A1738

Amendment of section 12

Section 3

Subsection 12(6) of the principal Act is amended by substituting for the words “Director of...

“Asian International Arbitration Centre”.

Amendment of section 16

Section 4

Subsection 16(2) of the principal Act is amended by substituting for the words “Director of...

“Asian International Arbitration Centre”.

Amendment of section 19

Section 5

Section 19 of the principal Act is amended—

(a)

in subsection (2), by substituting for the words

“KLRCA’s” the words “Asian International Arbitration

Centre’s”;

(b)

in subsection (4), by substituting for the words

“Director of the KLRCA” the words “Asian International

Arbitration Centre”;

(c)

in subsection (5), by substituting for the words

“Director of the KLRCA” the words “Asian International

Arbitration Centre”; and

(d)

in subsection (6), by substituting for the words

“Director of the KLRCA” the words “Asian International

Arbitration Centre”.

Amendment of section 21

Section 6

Paragraph 21(b) of the principal Act is amended by substituting for the words “Director of...

“President”.

Construction Industry Payment and

Adjudication (Amendment)

5

Amendment of section 23

Section 7

Section 23 of the principal Act is amended—

(a)

in the shoulder note, by substituting for the words

“Director of the KLRCA” the word “President”;

(b)

in subsection (1), by substituting for the words

“Director of the KLRCA” the word “President”; and

(c)

in paragraph (3)(b), by substituting for the words

“Director of the KLRCA” the word “President”.

Amendment of section 32

Section 8

Section 32 of the principal Act is amended—

(a)

in the shoulder note, by substituting for the word “KLRCA”

the words “Asian International Arbitration Centre”;

and

(b)

by substituting for the word “KLRCA” the words

“Asian International Arbitration Centre”.

Amendment of section 33

Section 9

Section 33 of the principal Act is amended—

(a)

in subsection (1), by substituting for the word “KLRCA”

the words “Asian International Arbitration Centre”; and

(b)

in subsection (2), by substituting for the word “KLRCA”

the words “Asian International Arbitration Centre”.

Amendment of section 34

Section 10

Section 34 of the principal Act is amended—

(a)

in the shoulder note, by substituting for the word “KLRCA”

the words “Asian International Arbitration Centre”;

and

(b)

in subsection (1), by substituting for the word “KLRCA”

the words “Asian International Arbitration Centre”.

Laws of Malaysia 6

Akta A1738

Amendment of section 39

Section 11

Section 39 of the principal Act is amended by substituting for the word “KLRCA” the words “...

Centre”.

Amendment of section 40

Section 12

Section 40 of the principal Act is amended by substituting for the word “KLRCA” the words “...

Centre”.

Saving

Section 13

All appointments made by the Director of the KLRCA before the date of coming into operation...

Arbitration Centre Court of Arbitration.