Sale of Goods Act 1979: Primary legislation governing the sale of goods in England and Wales, defining rights and obligations of buyers and sellers in commercial transactions
Consumer Rights Act 2015: Legislation protecting consumer rights in transactions, applicable when auctions involve consumer buyers
Unfair Contract Terms Act 1977: Controls the use of exclusion and limitation clauses in contracts, ensuring fairness in contractual relationships
Law of Property Act 1925: Fundamental property law legislation, relevant when auctions involve real estate or property rights
Auctioneers Act 1845: Historic legislation specifically governing auctioneers' conduct and responsibilities in England and Wales
Sales by Auction Act 1867: Regulates the conduct of auctions and establishes basic rules for auction sales
Consumer Contracts Regulations 2013: Provides rules on information provision and cancellation rights in consumer contracts, including distance selling
Competition Act 1998: Ensures fair competition and prevents anti-competitive practices in market transactions
Enterprise Act 2002: Supplements competition law and provides additional consumer protection measures
Financial Services and Markets Act 2000: Regulates financial services and markets, relevant when auctions involve financial instruments
Money Laundering Regulations 2017: Sets requirements for due diligence and prevention of money laundering in high-value transactions
UK GDPR: Post-Brexit data protection regulation ensuring proper handling of personal data in business transactions
Data Protection Act 2018: UK's implementation of data protection standards, working alongside UK GDPR
