Consumer Credit Act 1974: Primary legislation governing consumer credit agreements in England and Wales. Essential if the borrower is a consumer, covering licensing, documentation requirements, and consumer protections.
Financial Services and Markets Act 2000: Key legislation regulating financial services activities and establishing the regulatory framework for financial institutions in the UK.
Law of Property Act 1925: Fundamental legislation governing real property rights and security interests in England and Wales, particularly relevant for real estate security.
Companies Act 2006: Primary legislation governing company law in the UK, relevant when dealing with corporate borrowers and registration of company charges.
Insolvency Act 1986: Legislation governing insolvency proceedings and creditor rights, crucial for understanding enforcement rights and priority in case of default.
Enterprise Act 2002: Contains provisions affecting the enforcement of security interests and administration procedures.
FCA Handbook (CONC): Regulatory sourcebook containing detailed rules and guidance for consumer credit activities regulated by the Financial Conduct Authority.
UK Consumer Rights Act 2015: Modern legislation consolidating consumer rights and protections, including unfair terms in consumer contracts.
Financial Collateral Arrangements (No.2) Regulations 2003: Regulations governing financial collateral arrangements, providing specific rules for certain types of security.
Bills of Sale Acts 1878 and 1882: Historic legislation still relevant for security over personal chattels owned by individuals.
Unfair Contract Terms Act 1977: Legislation controlling unfair terms in contracts, particularly important for standard form contracts and consumer agreements.
Data Protection Act 2018: UK's implementation of data protection requirements, including UK GDPR, relevant for handling personal data in credit agreements.
Anti-Money Laundering Regulations: Regulatory requirements for customer due diligence and preventing financial crime in credit arrangements.
