Contracts Act (Cap. 53): Primary legislation governing contract formation, validity, and enforceability in Singapore. Essential for ensuring the promissory note meets basic contractual requirements.
Moneylenders Act (Cap. 188): Regulates lending practices and interest rates. Relevant for structuring payment terms and interest calculations in the promissory note.
Bills of Exchange Act (Cap. 23): Provides legal framework for negotiable instruments including promissory notes, defining their essential characteristics and enforcement.
Private Hospitals and Medical Clinics Act: Regulates healthcare institutions and their billing practices. Ensures compliance with healthcare service provider requirements.
Healthcare Services Act 2020: Modern framework for healthcare services regulation, including billing and payment requirements for healthcare providers.
MediSave Act and Regulations: Governs the use of MediSave funds for healthcare payments. Important for structuring payment terms involving MediSave withdrawals.
MediShield Life Scheme Act: Regulates national health insurance coverage. Relevant for coordinating payment terms with insurance claims.
Consumer Protection (Fair Trading) Act: Ensures fair trading practices and protects consumer interests in commercial transactions, including healthcare billing.
Unfair Contract Terms Act: Protects against unfair terms in contracts. Essential for ensuring the promissory note terms are fair and enforceable.
Personal Data Protection Act (PDPA): Governs the collection, use, and disclosure of personal data. Crucial for handling patient information in the promissory note.
