Contracts Act (Cap. 53): Primary legislation governing contract formation, validity, and enforcement in Singapore. Essential for structuring the fundamental aspects of the franchise deposit agreement.
Civil Law Act (Cap. 43): Provides the basic framework for civil obligations and remedies in Singapore's legal system, relevant for contractual relationships and remedies.
Securities and Futures Act: Relevant for deposit protection mechanisms and security arrangements in financial transactions.
Competition Act (Cap. 50B): Ensures fair competition practices in franchise agreements and prevents anti-competitive behavior.
Trade Marks Act (Cap. 332): Governs the protection and use of trademarks, which is crucial in franchise relationships where brand usage is involved.
Companies Act (Cap. 50): Regulates corporate entities and their operations, relevant when dealing with corporate franchisors or franchisees.
Consumer Protection (Fair Trading) Act: Ensures fair trading practices and protects consumer interests in commercial transactions.
Unfair Contract Terms Act: Regulates unfair terms in contracts and provides protection against unreasonable contract provisions.
Banking Act (Cap. 19): Provides regulations for handling deposits and financial transactions tHRough banking institutions.
AML/CFT Regulations: Anti-Money Laundering and Countering the Financing of Terrorism regulations for ensuring legitimate financial transactions.
Arbitration Act (Cap. 10): Governs arbitration proceedings as a dispute resolution mechanism in Singapore.
Mediation Act 2017: Provides framework for mediation as an alternative dispute resolution method and enforceability of mediated settlements.
