Sale of Goods Act (SOGA): Primary legislation governing sale of goods and transfer of ownership in Singapore. Establishes rights and obligations of parties, quality standards, and fitness for purpose requirements in sales transactions.
Singapore Contract Law: Common law principles governing contract formation, including essential elements of valid contracts, consideration, and contractual terms. Forms the fundamental legal basis for consignment agreements.
Consumer Protection (Fair Trading) Act: Legislation protecting consumer interests and ensuring fair trading practices in retail sales. Particularly relevant if consignment goods are sold to end consumers.
Goods and Services Tax Act: Tax legislation governing GST obligations for consignment sales, including record-keeping requirements and tax reporting obligations for consignment transactions.
Personal Data Protection Act (PDPA): Legislation governing the collection, use, and disclosure of personal data. Relevant for handling personal information of consignors and consignees in the consignment arrangement.
Consumer Protection (Trade Descriptions and Safety Requirements) Act: Legislation governing product labeling, safety standards for clothing items, and requirements for accurate description of goods in trade.
Shop Licensing Requirements: Local regulatory requirements for operating retail premises and storing consignment goods, including necessary permits and licenses.
Insurance Regulations: Requirements and considerations for insurance coverage of consignment goods, including liability and property damage protection.
Payment Services Act: Regulations governing electronic payment services and transactions if digital payments are involved in the consignment arrangement.
