PRIVATE SETTLEMENT FORM
1. Details of Accident
Date / Time:
Location:
2a. Motor-vehicle registration no. driven by
(Name & NRIC)
2b. Motor-vehicle registration no. driven by
(Name & NRIC)
3. There were no personal injuries or death involved.
4. The parties have agreed to settle this matter amicably as follows:
*a. Neither party shall be liable to compensate the other party for any loss or
damages (direct or indirect) incurred or to be incurred as a result of the
accident.
*b. without any admission of liability, (Party paying
compensation) has paid a sum of $_________ which
(Owner receiving compensation) hereby acknowledges receipt
there of in full and final settlement of all damages and cost incurred and/or
to be incurred as a result of the accident.
*c. That (Name & NRIC no.) have received the
aforesaid vehicle in good running order and damages that were caused as a
result of the above-mentioned accident were repaired to satisfaction.
5. Both parties have not and will not make a police report of this accident.
6. Both parties will not file any accident claims for this accident.
Name :
NRIC :
Signature :
Date :
(Paying Party)
Name :
NRIC :
Signature :
Date :
(Party receiving compensation)