Women's Charter (Chapter 353): Primary legislation governing marriage and family matters in Singapore, including financial arrangements between spouses, provisions regarding matrimonial assets and financial obligations
Civil Law Act (Chapter 43): Contains provisions regarding contract formation and enforcement, and rules about interest rates and loan terms
Moneylenders Act (Chapter 188): While primarily regulating commercial moneylending, provides context for reasonable interest rates and parameters for fair lending terms
Income Tax Act (Chapter 134): Covers tax implications of inter-spousal loans and treatment of interest payments between spouses
Contractual Capacity Requirements: Legal requirements ensuring both spouses have the capacity to enter into a binding contract
Spousal Contract Enforceability: Specific considerations regarding the enforcement of contracts between married parties
Documentation Requirements: Essential documentation needed to make the loan agreement legally valid and enforceable
Matrimonial Asset Classification: Consideration of how the loan would be treated as a matrimonial asset in case of divorce proceedings
Independent Legal Advice: Requirements for both parties to receive independent legal counsel to ensure fairness and understanding
Source of Funds Documentation: Clear documentation requirements regarding the origin of the loan funds for legal and tax purposes
