Contract Act 1872 (Chapter 30): Primary legislation governing contract formation, validity, and enforcement including essential elements like offer, acceptance, consideration, intention, and capacity
Limitations Act (Chapter 163): Sets statutory time limits for enforcement of contractual rights and impacts the structuring of payment extension periods
Consumer Protection (Fair Trading) Act: Protects consumer interests in commercial transactions and ensures fair trading practices, particularly relevant if the deferment involves consumer contracts
Unfair Contract Terms Act (Chapter 396): Regulates unfair terms in contracts and limits the extent to which civil liability can be excluded or restricted
Banking Act (Chapter 19): Regulates banking institutions and their practices, relevant if the deferment involves banking transactions
Moneylenders Act (Chapter 188): Governs licensed moneylenders and their lending practices, applicable if the deferment involves licensed moneylenders
Civil Law Act (Chapter 43): Contains provisions regarding interest rates and regulations against unlawful interest and penalties
Securities and Futures Act: Governs securities, derivatives, and other financial products, relevant if the deferment involves regulated financial instruments
Stamp Duties Act (Chapter 312): Regulates the payment of stamp duties on legal documents and agreements
Mediation Act 2017: Framework for mediation proceedings in Singapore, relevant for dispute resolution clauses
Arbitration Act (Chapter 10): Provides the legal framework for arbitration proceedings in Singapore, important for alternative dispute resolution provisions
