Companies Act (Cap. 50): Primary legislation governing company operations, share/debenture issuance, share capital modifications, and directors' duties in Singapore. Essential for structuring the conversion terms and share issuance provisions.
Securities and Futures Act (Cap. 289): Regulates securities offerings, trading, and defines prospectus exemptions. Critical for ensuring compliance with securities regulations when structuring the conversion features of the loan.
Moneylenders Act (Cap. 188): Controls money lending activities, provides certain loan exemptions, and sets interest rate restrictions. Relevant for ensuring the loan terms comply with Singapore's lending regulations.
Singapore Contract Law: Common law principles governing contract formation, validity, and enforcement in Singapore, including the Unfair Contract Terms Act (Cap. 396). Forms the basic legal framework for the agreement.
Banking Act (Cap. 19): Sets out regulatory requirements for lending activities by financial institutions. Relevant if the lender falls under banking sector regulations.
Income Tax Act: Governs tax treatment of convertible loans, interest deductibility, and conversion features. Essential for understanding tax implications of the loan structure.
Stamp Duties Act: Determines applicable stamp duties on loan documents and subsequent share issuance upon conversion. Important for cost considerations and compliance.
Personal Data Protection Act 2012: Regulates the collection, use, and disclosure of personal data in Singapore. Relevant for handling personal information in the agreement and obtaining necessary consents.
