Contracts (Rights of Third Parties) Act 1999: Governs third-party rights under the indemnity agreement, determining who can enforce rights under the contract even if they are not a direct party to it
Limitation Act 1980: Establishes statutory time limits for bringing claims and determines the enforcement periods of the indemnity
Statute of Frauds 1677: Historic legislation requiring certain contracts, including guarantees and indemnities, to be made in writing to be enforceable
Common Law Contract Principles: Fundamental principles including offer, acceptance, consideration, and intention to create legal relations that form the basis of contract formation
Indemnity Law Principles: Specific legal principles governing indemnities, including distinction from guarantees, rights of subrogation, and scope of coverage
Financial Services and Markets Act 2000: Regulatory framework for financial services activities, relevant if the surety bond relates to regulated activities
Companies Act 2006: Primary legislation governing corporate entities, covering corporate capacity, authority, directors' duties, and registration requirements
Unfair Contract Terms Act 1977: Regulates unfair terms in contracts, particularly regarding exclusion clauses and the requirement for reasonableness
Consumer Rights Act 2015: Protects consumer interests and applies additional requirements if one party to the agreement is a consumer
Money Laundering Regulations 2017: Regulatory requirements for financial transactions and due diligence, relevant for financial aspects of the agreement
