Contracts (Rights of Third Parties) Act 1999: Primary legislation governing how third parties may enforce terms of a contract, relevant for payment confirmations that might affect third party rights
Law of Property (Miscellaneous Provisions) Act 1989: Fundamental legislation governing formalities of legal documents and property transactions in England and Wales
Consumer Rights Act 2015: Key legislation protecting consumer rights in transactions, applicable if the payment confirmation involves a consumer transaction
Bills of Exchange Act 1882: Legislation governing payments made by cheque and similar instruments
Payment Services Regulations 2017: Regulations governing electronic payments and payment services in the UK
Money Laundering Regulations 2017: Compliance requirements for financial transactions and payment documentation
Civil Evidence Act 1995: Legislation governing the admissibility of evidence in civil proceedings, relevant for the evidential value of payment confirmations
Limitation Act 1980: Statute governing time limits for legal actions and record-keeping requirements
Doctrine of Consideration: Common law principle requiring exchange of value for contracts to be legally binding
Rules of Receipt and Acknowledgment: Common law principles governing the legal effect of acknowledging receipt of payment
Principles of Estoppel: Common law doctrine preventing parties from going back on their word once payment has been confirmed
Value Added Tax Act 1994: Legislation governing VAT implications in payment documentation
Finance Acts: Various acts governing tax implications and requirements in payment documentation
