Civil Law Act (Cap. 43): Primary legislation governing contractual obligations and assignments in Singapore. Key focus on legality of contracts and consideration requirements for valid assignments.
Contracts (Rights of Third Parties) Act: Legislation governing how third parties may enforce terms of a contract, particularly relevant for rights of assignees in loan assignments.
Banking Act (Cap. 19): Regulatory framework for banking institutions in Singapore, including provisions regarding loan transfers and assignments involving regulated financial institutions.
Personal Data Protection Act 2012: Legislation governing the collection, use, and disclosure of personal data, including requirements for data transfer in loan assignments.
Moneylenders Act (Cap. 188): Legislation regulating moneylending businesses, including provisions for transfer of loans originally made by licensed moneylenders.
Companies Act (Cap. 50): Corporate law framework including requirements for corporate authority in executing assignments and registration requirements if applicable.
Stamp Duties Act: Legislation governing stamp duty requirements for legal documents, including timing and payment requirements for loan assignment agreements.
Common Law Principles: Legal and equitable assignments, notice requirements, priority rules, and doctrine of privity of contract as established through case law in Singapore.
