Law of Property Act 1925: Primary legislation governing property rights and their transfer in England and Wales, relevant for the legal assignment of receivables
Contracts (Rights of Third Parties) Act 1999: Regulates how third parties may enforce terms of a contract, important for receivables relationships involving multiple parties
Sale of Goods Act 1979: Governs the sale of goods in commercial transactions, relevant when receivables arise from sale of goods
Supply of Goods and Services Act 1982: Regulates contracts for the supply of goods and services, applicable when receivables stem from service provision
Late Payment of Commercial Debts (Interest) Act 1998: Sets statutory framework for charging interest on late commercial payments
Financial Services and Markets Act 2000: Primary legislation for financial services regulation in the UK, including regulated activities related to receivables financing
Financial Services and Markets Act 2000 (Regulated Activities) Order 2001: Specifies which activities require FCA authorization, including certain receivables financing arrangements
Consumer Credit Act 1974: Regulates consumer credit arrangements, relevant if any receivables involve consumer debtors
Consumer Rights Act 2015: Protects consumer rights, must be considered if receivables involve consumer transactions
UK General Data Protection Regulation: Governs the processing of personal data, crucial for handling debtor information in receivables transactions
Data Protection Act 2018: UK's implementation of data protection requirements, supplementing the UK GDPR
Money Laundering Regulations 2017: Anti-money laundering requirements that may apply to receivables financing transactions
Proceeds of Crime Act 2002: Criminal law framework relevant to ensuring receivables are not linked to criminal activity
Insolvency Act 1986: Governs insolvency proceedings and affects rights to receivables if a party becomes insolvent
Enterprise Act 2002: Modified insolvency regime and introduced corporate rescue procedures affecting receivables rights
Assignment Law: Common law principles governing the assignment of rights, including receivables
Contract Law Principles: Common law principles governing formation and enforcement of contracts
Rome I Regulation (as retained in UK law): Post-Brexit rules determining applicable law in international contracts involving receivables
