Contract Law (Amendment) Act: Primary legislation governing contract formation, validity, and enforcement in Singapore. Essential for basic contract structuring and requirements.
Civil Law Act (Cap. 43): Fundamental legislation that governs civil law matters including contractual relationships and obligations in Singapore.
Electronic Transactions Act: Regulates electronic contracts and digital signatures, ensuring legal recognition of electronic records and signatures in contracts.
Consumer Protection (Fair Trading) Act: Protects consumer interests and ensures fair trading practices in payment agreements, particularly relevant for B2C contracts.
Unfair Contract Terms Act: Controls the use of unfair terms in contracts, particularly those that might be deemed unreasonably onerous or restrictive.
Payment Services Act 2019: Regulates payment systems and payment service providers in Singapore, ensuring compliance with payment processing requirements.
Payment Systems (Oversight) Act: Provides regulatory framework for payment systems and settlement operations in Singapore.
Banking Act: Relevant when payment plans involve financial institutions, governing banking operations and transactions.
Moneylenders Act: Regulates money lending activities and interest rates, particularly relevant for payment plan terms and conditions.
Rules of Court: Contains provisions regarding interest rates and enforcement of payment obligations through legal proceedings.
Debt Collection Act: Governs debt collection practices and procedures in Singapore, relevant for enforcement of payment plans.
Singapore Limitation Act: Sets time limits for bringing legal actions to recover debts, important for enforcement provisions.
Personal Data Protection Act (PDPA): Governs the collection, use, and disclosure of personal data in payment agreements and related documentation.
Insolvency, Restructuring and Dissolution Act 2018: Relevant for default scenarios and provides framework for handling insolvency situations in payment agreements.
