Contracts (Rights of Third Parties) Act 1999: Primary legislation governing how third parties may enforce terms of a contract, crucial for understanding the scope of indemnity obligations.
Limitation Act 1980: Sets out the time limits within which different types of legal claims must be brought, affecting the duration of indemnity obligations.
Unfair Contract Terms Act 1977: Regulates unfair terms in contracts, particularly important for ensuring indemnity clauses are not unreasonably broad or unfair.
Consumer Rights Act 2015: Provides protection for consumers in contracts, must be considered if any party to the indemnity agreement is a consumer.
Common Law Contract Principles: Fundamental principles including offer, acceptance, consideration, and intention to create legal relations that form the basis of valid contracts.
Doctrine of Privity: Common law principle stating that only parties to a contract can enforce it, with exceptions under the Contracts (Rights of Third Parties) Act.
Financial Services and Markets Act 2000: Regulatory framework for financial services in the UK, relevant if the indemnity relates to financial services activities.
Companies Act 2006: Primary legislation governing company operations in the UK, relevant for corporate entities entering into indemnity agreements.
Partnership Act 1890: Legislation governing partnerships, important if any party to the indemnity agreement is a partnership.
Consumer Protection from Unfair Trading Regulations 2008: Protects consumers from unfair commercial practices, relevant if the indemnity agreement involves consumer transactions.
Money Laundering Regulations 2017: Regulations to prevent money laundering, may be relevant depending on the nature and context of the indemnity.
Hedley Byrne Principle: Key case law establishing principle of liability for negligent misstatement, relevant for understanding scope of liability in indemnity contexts.
