The Malaysian Construction Industry Payment and Adjudication Act (CIPAA) 2012
The Malaysian Construction Industry Payment and Adjudication Act (CIPAA) 2012, has come into effect on 15 April 2014.
The Act has been long awaited and much debated within the Malaysian construction industry however its enactment now provides much needed payment protection legislation for parties involved in construction contracts.
The Act aims to facilitate expeditious resolution of construction related payment disputes and is complemented by well -developed rules and procedures governed by the Kuala Lumpur Regional Centre for Arbitration (KLRCA).
The Act is a positive milestone in the maturing of the Malaysian construction industry and brings Malaysia to the fore in construction industry payment protection following in the footsteps of other nations with similar legislation including Australia, New Zealand, Singapore and the United Kingdom.
East Link Consulting fully supports its implementation and congratulates the KLRCA in its efforts in guiding the Malaysian Government to bring the Act into force for the benefit of all stakeholders and participants in the Malaysian construction industry.
East Link Consulting Managing Director, Nigel Stanley, is an avid supporter of the Act, its greater aim and purpose and as such has presented aspects of CIPAA awareness to leading entities in the Malaysian construction industry and has recently completed the KLRCA CIPAA Adjudicators training course that has led to the empanelment of Nigel as a KLRCA Panel Adjudicator.
Should Client’s wish to:
- understand the Act, its implications and impact on existing and future construction contracts, its application, benefits and obligations;
- receive guidance on preparation of Payment Applications or submitting to or defending adjudication proceedings; or
- discuss the appointment of Nigel as an adjudicator in potential proceedings
please do not hesitate to contact our Nikki Chong at nc@eastlink-consulting.com .
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