Contract Act 1872: Primary legislation governing contract formation, validity, and enforcement in Singapore, covering essential elements like offer, acceptance, consideration, intention, and capacity
Moneylenders Act 2008: Regulates moneylending activities and provides protection for borrowers in Singapore, may be applicable if the payment plan involves licensed moneylenders
Civil Law Act (Cap. 43): Fundamental legislation governing civil matters including contractual relationships and remedies in Singapore
Bankruptcy Act (Cap. 20): Governs insolvency matters and bankruptcy proceedings, relevant for understanding debtor protections and creditor rights in payment plans
Limitation Act (Cap. 163): Sets time limits for bringing legal actions and enforcing contractual rights, crucial for debt collection and contract enforcement
Interest Act (Cap. 173): Regulates interest rates and provides framework for late payment interest calculations in contractual agreements
Consumer Protection (Fair Trading) Act: Protects consumer interests and ensures fair trading practices, particularly relevant if one party is a consumer
Unfair Contract Terms Act: Controls the use of unfair terms in contracts, ensuring reasonable and balanced contractual provisions
Electronic Transactions Act: Provides legal framework for electronic transactions and digital signatures if the agreement is to be executed electronically
Mediation Act 2017: Governs mediation proceedings and enforceability of mediated settlement agreements in Singapore
Evidence Act: Sets out rules regarding admissibility and treatment of evidence, including documentary evidence in legal proceedings
Personal Data Protection Act 2012: Governs the collection, use, and disclosure of personal data, relevant if personal information is included in the agreement
Banking Act: Regulates banking institutions and financial transactions, applicable if the payment plan involves banks or financial institutions
Currency Act: Provides legal framework for currency matters and monetary obligations in Singapore
