The Act consolidates various provisions of Singapore civil law and comprises 37 sections and a Schedule. It regulates the concurrent administration of law and equity, insolvency of estates, certain contractual matters, civil liability and damages, property and trusts, succession, perpetuities, legal capacity of minors, and the standard of care applicable to medical advice. PROPERTY AND REAL RIGHTS. The Act contains provisions concerning immovable property, trusts and equitable interests, mortgages and charges, tenancies and leases, possession, rents and profits, and improvements made by bona fide holders. It regulates written formalities for trusts concerning immovable property and dispositions of equitable interests, as well as charges and mortgages over choses in action. It also addresses the liability of mortgaged immovable property upon the death of its owner, protection of bona fide payments of rent, accumulation of income, powers of appointment and the rule against perpetuities, establishing a fixed perpetuity period of 100 years for relevant dispositions. INHERITANCE. The Act provides for the survival of certain causes of action following death and establishes rules concerning executors and the administration of deceased persons' estates. It regulates the position of an executor in relation to undisposed residue on intestacy, the representation of an original testator by the executor of an executor, and the treatment of mortgage debt attached to devised immovable property. It further regulates bona vacantia where an estate or property accrues to the Government, and establishes a presumption of survivorship for determining title to property where two or more persons die in circumstances in which the order of death is uncertain. OBLIGATIONS AND CONTRACTS. The Act regulates several aspects of contractual obligations, including contracts that must be evidenced in writing, the legal effects of gaming and wagering agreements, third-party funding of claims, assignment of debts and choses in action, contractual stipulations concerning time, and continuity of contractual obligations following the introduction of the euro. It also establishes rules on contribution among persons liable for the same damage, joint liability for debts or damages, interest on debts and damages, and the contractual capacity of minors aged 18 or over, subject to specified exceptions concerning land, trusts and settlements of legal claims.
سنغافورة · 1909-01-01