Sale of Goods Act 1979: Primary legislation governing sale of goods, defining rights and obligations in sales contracts. Particularly relevant for consignment as it differs from outright sale, covering issues of title, quality, and fitness for purpose.
Consumer Rights Act 2015: Key legislation for consignment stores selling to consumers, establishing consumer protection rights, quality standards and fair trading requirements.
Supply of Goods and Services Act 1982: Legislation governing service aspects of agreements, relevant for how the consignment service is provided between parties.
Business Protection from Misleading Marketing Regulations 2008: Regulations governing B2B relationships, particularly relevant for advertising and marketing considerations in consignment arrangements.
Agency Law: Common law principles governing principal-agent relationships, including fiduciary duties and commission structures, crucial for consignment relationships.
Contract Law: Common law principles governing contract formation, consideration, and terms and conditions essential for valid agreements.
Data Protection Act 2018 and UK GDPR: Legislation governing the handling of personal data, including privacy and data security requirements for consignors and customers.
Insurance Law: Legal framework governing coverage requirements, risk allocation, and property protection in consignment arrangements.
Limitation Act 1980: Legislation establishing time limits for claims and contractual obligations in business relationships.
Tax Legislation: Various tax laws affecting consignment arrangements, including VAT implications, income tax considerations, and record-keeping requirements.
