KUALA LUMPUR: The country is in need of an all-encompassing force majeure exemption bill or a Covid-19 (Temporary Measures) Bill to lawfully protect players of all industries, said the Real Estate and Housing Developers’ Association (Rehda) Malaysia.
Force majeure is a common clause in contracts that essentially frees both parties from liabilities or obligations due to an extraordinary event or circumstance beyond the control of the parties.
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