http://www.case.org.sg/downloads/central/12_036_CASE_Event_Poster_LemonLaw.pdf
google can liao, no need to guess
let me highlight some points for you all (disclaimer: me not a lawyer, so dont hold me responsible)
1) law to protect CONSUMERS........
2) law obligates BUSINESS to repair, replace........
3) the Lemon Law covers ALL GENERAL PRODUCTS PRUCHASED IN SINGAPORE.......
4) second-hand goods are included........
here are my interpretations:
BNS in CS has no business entity involved, its between 2 private parties, so does not qualify for lemon law (point 2 above). Can a lawyer twist and turn the law to make it possible? i dont know, but i highly doubt so.
does it cover grey sets? Hell yes, if you bought it from a retailer in Singapore (point 3 above).
does it makes grey sets sale a thing of the past? hell no! i just ordered a 24-70 mkii from a site advertiser here with a legal entity as the lemon law gave me more confidence.
will it affect BNS prices in CS? i cant see any relevance, perhaps someone can point me in the right direction please?
Why i even chose to bother to explain the above? because i am appalled by some of the illogical conjectures made up....and also, the "search" button did not yield any results.