Common Law Principles: Singapore follows English common law system which provides fundamental principles for contract termination and mutual agreements
Singapore Contract Law (Chapter 53): Primary legislation governing contractual relationships and requirements for valid contract termination by mutual agreement
Civil Law Act (Chapter 43): Legislation governing contractual obligations, their discharge, and requirements for written agreements in Singapore
Limitation Act (Chapter 163): Establishes time limits and statutory periods for claims arising from contract termination
Employment Act: If applicable to employment contracts: mandatory provisions for termination, notice periods, and final settlements
Companies Act: For corporate parties: requirements regarding authority to execute documents and corporate governance requirements
Industry-Specific Regulations: Regulatory requirements specific to the industry sector that may affect contract termination
Mutual Consent Requirements: Legal requirements for establishing clear and unambiguous mutual agreement to terminate
Settlement Provisions: Requirements for addressing outstanding obligations, releases, and final settlements between parties
Confidentiality Requirements: Legal framework for maintaining confidentiality post-termination and handling sensitive information
