Civil Law Act (Cap. 43): Primary legislation governing civil law matters in Singapore, including contractual relationships and obligations
Contracts Act (Cap. 53): Key legislation governing contract formation, validity, and enforcement in Singapore
Moneylenders Act (Cap. 188): Regulates moneylending activities in Singapore - needs to be considered to ensure the loan agreement doesn't fall under regulated moneylending activities
Contract Formation Requirements: Essential elements including offer, acceptance, consideration, intention to create legal relations, and capacity of parties
Documentation Requirements: Written form (recommended), clear terms and conditions, proper execution requirements for the loan agreement
Loan-Specific Terms: Essential terms including repayment schedule, default provisions, explicit statement of no interest, and any security/collateral arrangements
Companies Act: Relevant if either party is a company, governing corporate borrowing and lending
Exchange Control Regulations: Applicable for cross-border loans, governing international money transfers
Anti-Money Laundering Regulations: Compliance requirements to prevent money laundering through loan transactions
Stamp Duty Act: Tax implications and stamp duty requirements for loan documentation
Income Tax Considerations: Tax implications for both lender and borrower in an interest-free loan arrangement
Limitation Act: Governs the time limits within which legal action can be taken to enforce the loan agreement
