What contractual provisions are being used to recover payments?

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Contractual Provisions Utilised for Payment Recovery

Malaysia's Ministry of Defence is invoking specific contractual provisions to recover payments and related damages following Norway's decision to revoke the export licence for the Naval Strike Missile (NSM) system. These measures are being pursued to safeguard the government's financial interests and address the non-performance or breach of contractual obligations by the supplier.
Claims for Payment and Damages Submission

The ministry is actively submitting claims to recover the payments already made, along with any associated damages incurred. This action is a direct consequence of the supplier's inability to fulfil the contract due to the export licence revocation.
Provisions for Non-Performance and Breach

The existing contract between Malaysia and the supplier incorporates clauses that empower Putrajaya to take action in instances of non-performance or a breach of contractual commitments. The ministry is leveraging these provisions to address the current situation.
Pursuit of Contractual Remedies

Beyond submitting claims, the Defence Ministry is actively pursuing all available contractual remedies. This comprehensive approach aims to ensure the recovery of the payment made for the NSM systems and to compensate for any related losses.

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What contractual provisions are being used to recover payments?

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