Civil Law Act (Cap. 43): Primary legislation governing contract and guarantee requirements, including provisions for written contracts and rules of consideration in surety agreements
Moneylenders Act (Cap. 188): Regulates moneylending activities, including interest rate caps, terms of lending, and specific requirements for surety arrangements when licensed moneylenders are involved
Banking Act (Cap. 19): Governs banking institutions and their lending practices, including regulations on security arrangements and guarantees for bank loans
Contracts Act (Cap. 2): Fundamental legislation covering contract formation, capacity to contract, and requirements for free consent in contractual arrangements
Limitation Act (Cap. 163): Establishes time limits for enforcement of contractual rights and legal actions related to loan and surety agreements
Companies Act (Cap. 50): Regulates corporate entities, including requirements for corporate authority and provisions for corporate guarantees in surety arrangements
Surety's Liability Principles: Legal principles defining the extent and nature of a surety's obligations and responsibilities under Singapore law
Rights of Subrogation: Legal principle allowing a surety who has paid the debt to step into the creditor's shoes and enforce rights against the principal debtor
Discharge of Surety Principles: Legal frameworks governing when and how a surety may be released from their obligations under the agreement
Notice Requirements: Legal requirements for providing proper notice to all parties involved in the surety arrangement
Default Provisions: Legal framework governing the consequences and procedures following a default under the loan agreement
Enforcement Mechanisms: Legal procedures and options available for enforcing the surety agreement under Singapore law
