Companies Act 2006: Primary legislation for corporate governance principles and provisions regarding share transfers and ownership changes in England and Wales
Limited Liability Partnerships Act 2000: Provides the legal framework for LLPs in England and Wales, including membership structure regulations
Partnership Act 1890: Contains fundamental partnership principles that may be applicable to LLC membership transfers
Financial Services and Markets Act 2000: Regulatory framework relevant if the LLC engages in regulated financial activities
Money Laundering Regulations 2017: Stipulates due diligence requirements for ownership transfers and anti-money laundering compliance
Income Tax Act 2007: Tax legislation governing income tax implications of membership transfers
Corporation Tax Act 2010: Tax legislation covering corporate tax aspects of membership transfers
Taxation of Chargeable Gains Act 1992: Governs capital gains implications and stamp duty considerations in membership transfers
English Common Law - Contract Law: Fundamental principles including offer, acceptance, consideration, and intention to create legal relations
Competition Law: Relevant if the membership transfer could have implications for market competition
Data Protection Act 2018: Ensures compliance with GDPR requirements in handling personal data during the transfer process
Employment Law: Relevant legislation if LLC members are also employees of the business
