Civil Law Act (Cap. 43): Primary legislation governing general contract law principles and assignment of rights and obligations in Singapore. Key section 4(8) deals with requirements for perfecting assignments.
Companies Act (Cap. 50): Regulates corporate capacity, authority, and registration requirements for charges. Section 131 specifically deals with registrable charges requirements.
Sale of Goods Act (Cap. 393): Governs transfer of title provisions and rights and obligations in sale transactions, relevant for the underlying receivables.
Banking Act (Cap. 19): Regulatory framework for banking institutions, including compliance requirements for financial institutions involved in receivables purchase.
Insolvency, Restructuring and Dissolution Act 2018: Addresses impact of insolvency on assignments and validity of transactions prior to insolvency events.
Notice Requirements: Legal requirements for perfecting assignments and providing notice to debtors under Singapore law.
Registration Requirements: Mandatory registration obligations under the Companies Act for certain charges and security interests.
Stamp Duties Act: Requirements for document stamping and associated duties payable for receivables purchase agreements.
Personal Data Protection Act 2012: Compliance requirements for handling personal data in the context of receivables transactions.
AML/CFT Regulations: Anti-Money Laundering and Countering the Financing of Terrorism regulations applicable to receivables purchase transactions.
Consumer Protection Laws: Relevant consumer protection legislation when receivables involve consumer contracts or retail customers.
