Companies Act (Cap. 50): Primary legislation governing company operations, share capital structure, and share transfer procedures in Singapore. Sets out fundamental requirements for how shares can be transferred between parties.
Securities and Futures Act (Cap. 289): Regulates securities trading and provides framework for securities market regulation. Particularly relevant for listed companies and includes important disclosure requirements for share transfers.
Stamp Duties Act (Cap. 312): Governs taxation aspects of share transfers, with current stamp duty rate at 0.2% of purchase price or market value. Specifies timing requirements for stamp duty payment.
Monetary Authority of Singapore (MAS) Requirements: Regulatory framework particularly relevant for regulated entities in the financial sector. Includes specific compliance requirements for share transfers in regulated industries.
Singapore Exchange (SGX) Rules: Specific rules and requirements for share transfers involving listed companies, including compliance with listing requirements and disclosure obligations.
Competition Act (Cap. 50B): Relevant for share transfers that might raise competition issues, including merger control provisions and market concentration considerations.
Contract Act (Cap. 53): Provides fundamental principles of contract formation and enforceability, which are essential for the MOU's legal validity.
Personal Data Protection Act 2012: Governs the handling and protection of personal data during the share transfer process, including data privacy requirements and consent obligations.
