Sale of Goods Act 1979: Primary legislation governing contracts for the sale of goods in England and Wales. Covers fundamental aspects including quality standards, fitness for purpose, transfer of title, and defines rights and remedies for both parties.
Supply of Goods and Services Act 1982: Legislation that becomes relevant when services are provided alongside goods in a wholesale agreement. Ensures proper regulation of the service elements of the contract.
Unfair Contract Terms Act 1977: Regulates the use and validity of exclusion clauses in contracts. Defines which terms can and cannot be excluded in business contracts, ensuring fairness in commercial agreements.
The Commercial Agents (Council Directive) Regulations 1993: Regulations governing relationships involving commercial agents in trade transactions. Essential when commercial agents are involved in the wholesale arrangement.
Consumer Rights Act 2015: While primarily focused on consumer contracts, provides important context for understanding the broader framework of sales law in England and Wales.
Contracts (Rights of Third Parties) Act 1999: Legislation governing how third-party rights function in contractual relationships. Important for understanding potential third-party involvement in wholesale agreements.
Late Payment of Commercial Debts (Interest) Act 1998: Legislation governing payment terms and statutory interest on late payments in commercial transactions. Critical for defining payment obligations and consequences of default.
European Union (Withdrawal) Act 2018: Post-Brexit legislation affecting trade terms and commercial relationships. Important for understanding the current legal framework following the UK's exit from the EU.
Competition Act 1998: Ensures compliance with competition law in wholesale arrangements. Prevents anti-competitive practices and abuse of market position.
UN Convention on Contracts for the International Sale of Goods (CISG): International treaty governing international sale of goods. While the UK is not a signatory, it's relevant when dealing with international parties who are from signatory states.
