Banking Act (Cap. 19): Primary legislation governing banking institutions and banking activities in Singapore, relevant for loan termination procedures by banks
Moneylenders Act (Cap. 188): Regulates moneylending businesses and related loan transactions, including termination procedures for non-bank lenders
Securities and Futures Act (Cap. 289): Relevant when the loan involves securities or is secured by financial instruments
Contract Law of Singapore: Fundamental principles governing formation, execution, and termination of contracts in Singapore
Unfair Contract Terms Act (Cap. 396): Regulates unfair terms in contracts, ensuring termination provisions are fair and reasonable
Electronic Transactions Act (Cap. 88): Governs electronic transactions and digital signatures, relevant for electronic loan termination notices
Civil Law Act (Cap. 43): General civil law principles affecting contractual relationships and remedies
Limitation Act (Cap. 163): Sets time limits for various types of legal claims and actions related to loan agreements
Consumer Protection (Fair Trading) Act: Protects consumer interests in financial transactions, including loan terminations involving retail customers
MAS Guidelines: Regulatory guidelines from the Monetary Authority of Singapore governing loan practices and termination procedures
Personal Data Protection Act 2012: Regulates the collection, use, and disclosure of personal data during the loan termination process
