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: Establishes the regulatory framework for financial services in the UK, including credit agreements and regulatory compliance requirements.
Consumer Rights Act 2015: Provides key consumer protections and regulates unfair terms in consumer contracts, including credit agreements.
Unfair Contract Terms Act 1977: Controls unfair terms in contracts, particularly exclusion and limitation clauses, ensuring fairness in business-to-business and business-to-consumer agreements.
Law of Property Act 1925: Relevant when the credit agreement involves any form of security over property.
FCA Handbook (CONC): Regulatory sourcebook containing detailed rules and guidance for consumer credit activities, including specific requirements for credit documentation.
Banking Act 2009: Provides the framework for banking regulation and operations in the UK, relevant for credit agreements involving banking institutions.
Financial Services (Banking Reform) Act 2013: Implements key banking reforms affecting credit agreements and financial institutions.
Consumer Credit Directive: EU-derived legislation retained in UK law post-Brexit, providing standards for consumer credit agreements.
Unfair Terms in Consumer Contracts Regulations 1999: Specific regulations protecting consumers from unfair terms in contracts, including credit agreements.
Bills of Exchange Act 1882: Historical legislation still relevant today, governing negotiable instruments including promissory notes.
Limitation Act 1980: Sets statutory time limits for bringing legal actions to enforce credit agreements and promissory notes.
Money Laundering Regulations 2017: Establishes requirements for anti-money laundering checks and procedures in financial transactions.
Data Protection Act 2018: Implements GDPR requirements in UK law, governing how personal data must be handled in credit agreements and related documentation.
