Civil Law Act (Cap. 43): Primary legislation governing contractual relationships, interest rates and charges, and requirements for written contracts in Singapore. Sets fundamental rules for contract formation and enforcement.
Moneylenders Act (Cap. 188): Regulates moneylending activities including licensing requirements, interest rate caps, and mandatory contractual terms. Essential for any debt agreement involving licensed moneylenders.
Consumer Protection (Fair Trading) Act: Ensures fair trading practices, transparency in terms, and clear disclosure requirements in consumer contracts, including debt agreements.
Limitation Act (Cap. 163): Establishes time limits for debt recovery and defines limitation periods for legal action on contractual claims.
Contract Law: Common law principles governing contract formation, including requirements for valid contracts (offer, acceptance, consideration) and capacity to contract.
Banking Act (Cap. 19): Relevant for debt agreements involving financial institutions, ensuring compliance with banking regulations and requirements.
Personal Data Protection Act 2012: Governs the collection, use, and disclosure of personal data in agreements, including consent requirements and data handling obligations.
Stamp Duties Act: Establishes requirements for proper stamping of legal documents, including debt agreements, to ensure their legal validity and enforceability.
Bankruptcy Act: Contains provisions relevant to debt agreements, particularly regarding the treatment of debts in bankruptcy situations and creditor rights.
