Project Finance Comparative Guide

1 Legal framework

1.1 Beyond general commercial and contract laws, what other specific laws and regulations govern project finance transactions in your jurisdiction?

To the best of our knowledge, there is no legislation governing project finance transactions as such. There are, however, various sector-specific laws and regulations which are pertinent to project finance transactions in these sectors.

Some of the more salient laws/regulations are the following primary legislation and the subsidiary legislation thereunder:

• the Environmental Protection and Management Act (Cap 94A);
• the Environmental Public Health Act (Cap 95);
• the Workplace Safety and Health Act (Cap 354A);
• the Fire Safety Act (Cap 109A);