Singapore Contract Law: Fundamental principles based on English common law that govern formation and enforcement of contracts in Singapore, including offer, acceptance, consideration, and intention to create legal relations
Civil Law Act (Cap. 43): Primary legislation governing civil law matters in Singapore, including provisions relating to contracts, particularly formal requirements and enforceability
Contracts (Rights of Third Parties) Act (Cap. 53B): Legislation governing when third parties may enforce terms of a contract, particularly relevant for novation agreements where new parties are introduced
Common Law Novation Principles: Legal principles established through case law requiring consent of all parties, capacity to contract, clear intention to novate, and consideration (where applicable)
Sale of Goods Act (Cap. 393): Legislation governing contracts for the sale of goods, which may be relevant if the original contract involves sale of goods
Supply of Goods Act (Cap. 394): Legislation governing the supply of goods in commercial transactions, potentially relevant depending on the subject matter of the original contract
Unfair Contract Terms Act (Cap. 396): Legislation controlling the use of unfair terms in contracts, ensuring fairness in contractual relationships including novation agreements
Banking Act: Regulatory framework for banking institutions, relevant if the novation involves banking or financial services contracts
Securities and Futures Act: Regulatory framework for securities and futures markets, relevant if the novation involves investment-related contracts
Stamp Duties Act (Cap. 312): Legislation governing stamp duties payable on certain instruments, including certain types of novation agreements involving property or securities
Arbitration Act (Cap. 10): Legislation governing arbitration proceedings in Singapore, relevant if arbitration is chosen as the dispute resolution method in the novation agreement
