Contract Law (Chapter 53): Fundamental legislation governing contract formation, validity, and enforcement in Singapore. Essential for establishing the basic framework of the settlement agreement.
Civil Law Act (Chapter 43): Key legislation governing contractual obligations and remedies in Singapore's civil law system.
Currency Act (Chapter 69): Legislation governing legal tender and payment methods in Singapore, crucial for payment terms specification.
Electronic Transactions Act (Chapter 88): Regulates electronic payments and digital signatures, important for settlement agreements involving electronic payment methods.
Payment Services Act 2019: Modern legislation governing payment systems and services in Singapore, relevant for settlement payment mechanisms.
Income Tax Act (Chapter 134): Tax legislation relevant for understanding tax implications of settlement payments and necessary tax provisions.
Goods and Services Tax Act (Chapter 117A): GST regulations that may apply to settlement payments and related services.
Limitation Act (Chapter 163): Establishes time limits for enforcing payment obligations and legal claims in Singapore.
Exchange Control Act: Regulations governing currency exchange and international payments, relevant for cross-border settlements.
Banking Act (Chapter 19): Banking regulations that may affect settlement payments involving banking institutions.
Securities and Futures Act (Chapter 289): Relevant for settlement agreements involving financial industry matters or securities.
Mediation Act 2017: Framework for mediation processes in Singapore, relevant for dispute resolution provisions in settlement agreements.
Arbitration Act (Chapter 10): Governs arbitration procedures in Singapore, important for dispute resolution clauses in settlement agreements.
Supreme Court of Judicature Act (Chapter 322): Establishes jurisdiction and powers of Singapore courts in handling settlement agreement disputes.
