Civil Law Act (Cap. 43): Primary legislation governing civil law matters in Singapore, particularly sections dealing with contracts, interest rates, contractual capacity (Section 6), and contract enforcement (Section 8)
Moneylenders Act (Cap. 188): Regulates moneylending activities in Singapore. While friendly loans typically fall outside its scope, agreement must be clearly documented as a one-off friendly loan to avoid falling under this Act's regulations
Singapore Contract Law: Based on Common Law system, covering essential elements of valid contract formation including offer, acceptance, consideration, intention to create legal relations, and capacity to contract
Limitation Act (Cap. 163): Sets time limits for enforcement of contractual rights, generally 6 years for contractual claims in Singapore
Consumer Protection (Fair Trading) Act: While less relevant for individual-to-individual loans, ensures fair trading practices and consumer protection in Singapore. Promotes fair and transparent terms in agreements
Documentation Requirements: Legal requirements for proper documentation of loan agreements under Singapore law, including format and content specifications
Interest Rate Regulations: Singapore's legal framework for interest rates in private loans, ensuring compliance with usury laws and fair lending practices
Stamp Duties: Requirements for stamp duty payments on loan agreements under Singapore law, if applicable
Electronic Transactions Laws: Singapore's legal framework for electronic execution of documents and agreements, relevant if the loan agreement is to be executed electronically
