Partnership Act (Chapter 391): Primary legislation governing the formation, operation, and dissolution of partnerships in Singapore. Defines partners' rights, obligations, and regulates partnership property.
Civil Law Act (Chapter 43): Provides the foundation for general contract law principles and determines the enforceability of agreements under Singapore law.
Companies Act (Chapter 50): Relevant when any partner is a corporate entity, covering registration requirements and corporate governance aspects.
Sale of Goods Act (Chapter 393): Applicable if the partnership purchase involves transfer of goods, governing the terms and conditions of sale.
Stamp Duties Act (Chapter 312): Covers document stamping requirements and tax implications related to partnership transfers and transactions.
Income Tax Act (Chapter 134): Addresses tax treatment of partnership interests and capital gains considerations in partnership transactions.
Competition Act (Chapter 50B): Ensures the partnership purchase complies with competition laws and doesn't create market dominance issues.
Employment Act (Chapter 91): Protects employees' rights and interests during partnership ownership changes or restructuring.
Personal Data Protection Act 2012: Regulates the collection, use, and disclosure of personal data during the transaction process.
ACRA Regulations: Accounting and Corporate Regulatory Authority regulations governing business registration and compliance requirements.
