JUDGMENT

Chan Sek Keong J:

This is an application made on 4 June 1987 by the petitioner to revoke an agreement dated 20 March 1982 ("the agreement") entered into between the petitioner and the respondent setting out the financial arrangements between them in the divorce proceedings.

Under Clause 1 of the agreement, the petitioner agreed to (and did) pay a capital sum of $150,000 in instalments to the respondent (60%) and their daughter (40%) who was born on 28 December 1965.

Under Clause 2 of the agreement, the petitioner agreed to pay the respondent until she remarries and the daughter until she marries the following:

(a) the monthly sum of $3,500 and $1,500 respectively, tax free;

(b) all medical and dental expenses, including costs of hospitalisation;

(c) all monthly outgoings in respect of the respondent's flat known as No. 19E Grange Heights, Singapore;

(d) all food and other household provisions not exceeding $1000 pm;

(e) all monthly instalments payable in respect of a car ER 8790X and the costs of maintaining it, including the cost of employing a driver "provided that when the car is sold by the husband to purchase another in substitution, the proceeds of the sale shall be