28 October 2020
Malaysia

Malaysia’s Temporary Measures for Reducing the Impact of Coronavirus Disease 2019 (COVID-19) Act 2020 (“COVID Act“) was gazetted and came into force on 23 October 2020. The COVID Act will be in force for two years from 23 October 2020, or in accordance with the date or duration in the relevant parts of the Act.

The COVID Act is part of the measures introduced by the Malaysian Government for individuals and companies economically affected by the COVID-19 pandemic and is aimed at reducing the impact of the pandemic. Part II of the COVID Act addresses the inability of parties to perform any contractual obligations due to measures taken under the Prevention and Control of Infectious Disease Act 1988 and in such a situation, the innocent party will not be entitled to exercise their rights, post 23 October 2020 as per the COVID Act.

For more information on the COVID Act and Part II, please see our earlier articles on the Temporary Measures for Reducing the Impact of Coronavirus Disease 2019 (COVID-19) and Contractual obligations under the COVID-19 Bill.

If you have any questions or require any additional information, you may contact Khoo Yu LinSaritha Devi Kirupalani or the ZICO Law partner you usually deal with.


This alert is for general information only and is not a substitute for legal advice.

Announcement

On 1 December 2022, KPMG and ZICO Law entered into an agreement under which a number of law firms and teams from the ZICO Law network have joined the KPMG network of firms.

The deal will see more than 275 lawyers join over 2,900 legal professionals in the KPMG global organization, creating a significant legal footprint across Asia. It will offer legal services and solutions, a globally connected legal services platform, and specialists who work with leading technology providers to modernize legal functions across organizations. The strategic combination increases the total number of legal professionals in the KPMG network to over 3,750 across 84 jurisdictions. You may read the press release here.

For more information and to see how we can assist you in your desired jurisdiction, please follow the links below: