1. Definitions (a) “Member” shall mean a member of the Singapore Academy of Law in any of the categories of membership set out in section 11(a), (b), (c) and (d) of the Singapore Academy of Law Act (Cap. 294A) who has not been granted a waiver of annual subscription fees under Rule 4 of the Singapore Academy of Law Rules (R1). (b) “SAL” shall refer to the Singapore Academy of Law as constituted under the Singapore Academy of Law Act (Cap. 294A). (c) “Scheme” shall refer to the SAL Membership Credit Dollar Scheme established to incentivise Members to engage in continual legal education and to upgrade their legal knowledge. (d) “C$” shall refer to the currency of membership credit awarded once a year to Members. (d) “Transaction” shall refer to a transaction made online by a Member through the SAL website at www.sal.org.sg. 2. Duration 2.1 The Scheme will commence from year 2009 until such time as it is terminated by SAL. 3. Eligibility 3.1 Members who have paid annual subscription as prescribed under Section 17 of the Singapore Academy of Law Act (Cap 294A) shall be eligible to participate in the Scheme in the year for which such annual subscription is paid. 3.2 Participation in the Scheme is subject to these Terms and Conditions and all variations thereto. 3.3 SAL will notify Members of the amount of C$ that will be given to eligible Members annually. 3.4 The amount of C$ notified to Members will be credited to individual Member’s account: (a) By 15 January of the year in which annual subscription is due, where full payment of Member’s annual subscription fee is made on or before 31 December of the preceding year in which annual subscription is due; or (b) In any other case, within 14 days of full payment of Member’s annual subscription. 3.5 For avoidance of doubt, no C$ will be given for payment of annual subscription fee due before 1 January 2009. 3.6 Where annual subscription fee is not paid for a full year, the amount of C$ given will be pro-rated accordingly. 4 Validity 4.1 Every C$ is valid from the time it is credited to a Member’s account to 31 December of the calendar year in which the C$ is credited. 4.2 All C$ that is not redeemed by 31 December of the calendar year in which the C$ is credited will be forfeited on the first day of the next calendar year. 4.3 Upon the termination of SAL membership for any reason whatsoever, all C$ that is not redeemed will be forfeited on the day following the termination. 5. Redemption of C$ 5.1 The redemption value of one (1) C$ is S$1.00. C$ are not transferable and cannot be exchanged for cash. 5.2 All redemption of C$ must be made online through the SAL website at www.sal.org.sg. Payment must be for purchases made by Members for themselves and not those made by Members for their guests or other persons. 5.3 SAL Members may redeem C$ for the following: (a) Seminars, courses and workshops conducted under the auspices of SAL and designated by SAL as approved for redemption of C$; (b) Books, journals and other publications designated by SAL as approved for redemption of C$; or (c) Any other Transaction which SAL may from time to time designate as approved for redemption of C$. up to the full price of the Transaction and subject to a Member’s available C$. Any shortfall must be paid by one of the other modes of payment available online. 5.4 All requests shall be processed on a first-come, first-served basis. 6. Exclusions 6.1 No C$ will be credited: (a) For sale items, special price items, promotion items or such other non-qualifying items designated by SAL from time to time; or (c) In the event that any Transaction has, for any reason, to be processed manually. 7. C$ Adjustments 7.1 To request for C$ adjustments, a Member may make a request by email, post or facsimile, where: (a) Before the deadline for registration of any seminar, course or workshop which is paid for fully or in part using C$, the Member cancels such registration; or (b) A Member returns a purchase which is paid for fully or in part using C$ to SAL within 3 days of any purchase. If the request is acceded to, then, SAL will effect the necessary C$ adjustment within 14 days of the approval of the request. 7.2 Where a Member has successfully applied for waiver under Rule 4 of the Singapore Academy of Law Rules (R1), the Member will be entitled to C$ on a pro-rated basis for the year in which annual subscription was paid up till 31 December of the calendar year. Where a Member on waiver has utilised more than the pro-rated amount of C$ to which he is entitled, he shall be required to repay the equivalent value in S$ to SAL for the excess C$ redeemed, within 14 days of the effective date of the waiver. 7.3 SAL is entitled, for any reason, and at any time without liability or prior notice, to rectify any errors in the calculation of C$ or otherwise adjust such calculation. 7.4 SAL reserves the right to reject any request for C$ adjustment without assigning any reason therefor. 8. General Conditions 8.1 SAL’s decision on all matters pertaining to the Scheme and the administration thereof is final.   9. Variation 9.1 SAL reserves the right at any time and from time to time in its absolute discretion to: (a) Amend and vary these Terms and Conditions without prior notification, and SAL Members shall be bound by these amendments; or (b) Withdraw, suspend, cancel or vary the benefits, entitlements and privileges conferred by the Scheme at any time without liability or prior notice, and without rendering any reason therefor. 10. Interpretation and Governing Law 10.1 The headings in these Terms and Conditions are for convenience only and are to be excluded in any interpretation hereof. 10.2 These Terms and Conditions shall be governed by and construed in accordance with the laws of Singapore, and the parties hereby irrevocably submit to the exclusive jurisdiction of the Singapore courts. 10.3 All disputes, controversies, or differences arising out of or in connection with this Agreement shall first be submitted to the Singapore Mediation Centre for resolution by mediation in accordance with the Mediation Procedure for the time being in force. The parties agree to participate in the mediation in good faith and undertake to abide by the terms of any settlement reached. Issued on 30 January 2009 by the Singapore Academy of Law