Supply of Goods and Services Act 1982: Primary legislation governing implied terms about quality, fitness for purpose, and requirements for performance of services in equipment leasing contracts
Consumer Rights Act 2015: Applicable when leasing to consumers, defining their rights and remedies regarding goods and services contracts
Unfair Contract Terms Act 1977: Controls exclusion and limitation clauses, determining reasonableness of contract terms in lease agreements
Consumer Credit Act 1974: Regulates credit arrangements and financing elements that may be present in lease-purchase agreements
Sale of Goods Act 1979: Governs transfer of title and quality requirements, particularly relevant for the purchase option aspects of the agreement
Commercial Agents Regulations 1993: Regulates commercial agency relationships that might be involved in equipment leasing arrangements
Financial Services and Markets Act 2000: Applies when financial services are involved in the lease-purchase arrangement
Consumer Protection from Unfair Trading Regulations 2008: Protects consumers from unfair trading practices in lease-purchase agreements
Common Law Principles: Includes doctrine of consideration, contract formation rules, misrepresentation principles, and breach remedies applicable to lease agreements
Equipment-Specific Regulations: Particular regulations that may apply depending on the type of equipment being leased
Health and Safety Regulations: Safety requirements and standards that must be met for equipment leasing
Environmental Regulations: Environmental compliance requirements that may affect equipment leasing and usage
Tax Implications: Considerations for VAT and capital allowances in equipment lease-purchase arrangements
Insurance Requirements: Mandatory and recommended insurance coverage for leased equipment and related liabilities
