Contracts Act (Cap. 53): Primary legislation governing contract formation, consideration, and capacity to contract in Singapore. Essential for ensuring the promissory note meets basic contractual requirements.
Moneylenders Act (Cap. 188): Regulates moneylending activities in Singapore, including interest rate restrictions and loan documentation requirements for licensed moneylenders.
Civil Law Act (Cap. 43): Contains provisions regarding interest rates and general enforceability of contracts in Singapore.
Bills of Exchange Act (Cap. 23): Specifically governs promissory notes, including requirements for validity and the rights and obligations of all parties involved.
Limitation Act (Cap. 163): Sets time limits for enforcement of promissory notes and debt collection in Singapore.
Personal Data Protection Act 2012: Governs the collection, use, and disclosure of personal data in Singapore, relevant for handling personal information in the promissory note.
Money-changing and Remittance Businesses Act: Applicable for cross-border transactions and international money transfers related to the loan.
MAS Guidelines: Regulatory guidelines from the Monetary Authority of Singapore that may affect the terms and conditions of the promissory note.
Common Law Principles: Relevant case law and common law principles regarding promissory notes and loan agreements in Singapore's legal system.
