Trustee Act 1925: Fundamental legislation that defines trustee powers and duties, sets out administrative provisions, and establishes investment powers for trustees
Trustee Act 2000: Modern update to trust law that covers trustee duties and powers, defines the required standard of care, and provides detailed provisions for investment and delegation powers
Law of Property Act 1925: Key legislation governing property law including requirements for property held in trust and legal formalities
Financial Services and Markets Act 2000: Regulatory framework for financial services and markets, relevant when trust involves regulated financial activities
Contracts (Rights of Third Parties) Act 1999: Legislation affecting third party rights in contracts, potentially impacting beneficiary rights in trust arrangements
Money Laundering Regulations 2017: Compliance requirements for preventing money laundering, applicable to trust arrangements and financial transactions
Common Law Fiduciary Duties: Established legal principles governing the duties of trustees to act in the best interests of beneficiaries with loyalty and care
Rule Against Perpetuities: Common law principle limiting the duration of trust arrangements to prevent perpetual trusts
Principles of Equity: Fundamental legal principles developed by courts of equity, forming the basis of trust law
Income Tax Act 2007: Tax legislation relevant for income generated within trust structures
Capital Gains Tax Act 1992: Tax legislation governing capital gains arising from trust assets
Inheritance Tax Act 1984: Tax legislation concerning inheritance tax implications of trust arrangements
