Contracts Act (Cap. 53): Primary legislation governing contract formation, consideration requirements, and validity of contracts in Singapore. Essential for the basic structure and enforceability of the Guarantee Fee Agreement.
Civil Law Act (Cap. 43): Covers requirements for contracts in writing and consideration for guarantees, which are crucial elements for guarantee agreements in Singapore.
Stamp Duties Act (Cap. 312): Regulates stamp duty requirements on guarantee documents, including timing and payment obligations for such duties.
MAS Guidelines: Regulatory guidelines from the Monetary Authority of Singapore that may apply if the guarantee involves financial institutions, including compliance requirements.
Companies Act (Cap. 50): Relevant when parties are companies, covering corporate authority requirements and corporate benefit considerations for entering into guarantees.
Banking Act (Cap. 19): Applicable when banks are involved in the guarantee arrangement, providing specific regulations for banking institutions.
Consumer Protection (Fair Trading) Act: Provides protection measures if the guarantee agreement involves consumer guarantees or consumer-related transactions.
Personal Data Protection Act 2012: Governs the collection, use, and disclosure of personal data of parties involved in the agreement.
AML/CFT Requirements: Anti-Money Laundering and Countering the Financing of Terrorism requirements that may apply depending on the nature and parties of the guarantee.
