Bills of Exchange Act (Chapter 23): Primary legislation that provides the basic framework for promissory notes, even though this specific note is non-negotiable
Contract and Commercial Law Act: Fundamental legislation governing contractual relationships and commercial transactions in Singapore
Consumer Protection (Fair Trading) Act: Relevant if the promissory note involves consumer transactions, ensuring fair trading practices
Limitation Act (Chapter 163): Establishes time limits for bringing legal action related to the promissory note
Moneylenders Act: Applicable if the promissory note involves money lending activities, regulating such transactions
Stamp Duties Act: Determines if and when stamp duty must be paid on the promissory note
Singapore Case Law Precedents: Relevant court decisions and precedents regarding promissory notes and their enforcement in Singapore
Common Law Principles: Principles regarding non-negotiable instruments that have been established through common law
Non-negotiability Requirement: Must clearly state that the instrument is 'non-negotiable' on the document
Essential Content Requirements: Must include: unconditional promise to pay, specified sum, payment schedule, party names, execution date, payment terms, and governing law clause
