Contract Law (Chapter 2): Primary legislation governing formation and enforcement of contracts in Singapore, essential for the basic structure and validity of the confirmation letter
Companies Act (Chapter 50): Regulates corporate entities in Singapore, relevant for verification of company authority and execution requirements
Evidence Act (Chapter 97): Governs admissibility of documentary evidence, crucial for ensuring the confirmation letter's validity in legal proceedings
Singapore Financial Reporting Standards: Financial reporting framework that governs how accounts payable should be recorded and reported
Singapore Accounting Standards: Standards for accounting practices in Singapore, relevant for proper documentation of accounts payable
Limitation Act (Chapter 163): Sets time limits for debt claims, important for specifying validity periods and enforcement timeframes
Civil Law Act (Chapter 43): General civil law provisions affecting contractual relationships and obligations
Sale of Goods Act (Chapter 393): Relevant when the accounts payable relates to goods purchased, governing rights and obligations in such transactions
Payment and Settlement Systems Act: Regulates payment systems and settlement finality, relevant for payment terms and conditions
MAS Guidelines: Regulatory guidelines from Monetary Authority of Singapore affecting financial transactions and documentation
ACRA Requirements: Accounting and Corporate Regulatory Authority requirements for proper business documentation and record-keeping
