Bills of Exchange Act (Chapter 23): Primary legislation governing cheques in Singapore, including provisions for stopping payment, cancellation of cheques, and defining rights and obligations of all parties involved in cheque transactions
Banking Act (Chapter 19): Regulates banking operations and services, including requirements for stop payment orders and bank-customer relationship obligations in Singapore
MAS Guidelines: Monetary Authority of Singapore guidelines covering banking practices, payment and settlement systems regulations, and customer protection guidelines
ABS Guidelines: Association of Banks in Singapore guidelines establishing industry standards for cheque processing, stop payment procedures, and standard banking practices
Time Limitation Requirements: Regulatory requirements regarding time limits for submitting stop payment requests on cheques
Bank Rights and Responsibilities: Legal framework defining the scope of bank's rights and responsibilities in processing cheque cancellations
Customer Obligations: Legal requirements and responsibilities of customers when requesting cheque cancellations
Fee Structure Regulations: Regulatory framework governing fees and charges applicable to cheque cancellation services
Indemnity Provisions: Legal requirements for indemnity clauses in cheque cancellation requests to protect banks against potential losses
Wrongful Cancellation Framework: Legal consequences and liability framework for wrongful cancellation of cheques
