Civil Law Act (Cap. 43): Primary legislation governing contractual relationships and enforceability. Contains key provisions about interest rates and loan regulations.
Moneylenders Act (Cap. 188): Regulates moneylending activities and must be considered if the lender falls under the definition of a moneylender.
Securities and Futures Act (Cap. 289): Applicable if the royalty agreement involves securities or financial instruments. May affect royalty payment structuring.
Singapore Contract Law: Common law principles governing contract formation, consideration requirements, and terms and conditions.
Companies Act (Cap. 50): Governs corporate authority requirements and registration requirements if security is provided. Relevant when parties are companies.
Copyright Act: Intellectual property law relevant for royalties involving copyrighted works.
Patents Act: Intellectual property law relevant for royalties involving patented inventions.
Trade Marks Act: Intellectual property law relevant for royalties involving trademark usage.
Income Tax Act: Governs withholding tax obligations on royalty payments, tax treatment of royalty income, and considerations for international double taxation agreements.
MAS Regulations: Monetary Authority of Singapore regulations applicable if the arrangement involves regulated financial activities.
Personal Data Protection Act: Governs the collection, use, and disclosure of personal data if processed as part of the agreement.
Key Agreement Components: Essential elements including royalty calculation method, payment terms, default provisions, security arrangements, dispute resolution, assignment rights, termination provisions, and confidentiality obligations.
