Consumer Credit Act 1974: Primary legislation governing consumer credit agreements and consumer lending. Applies when borrowers are individuals rather than companies.
Financial Services and Markets Act 2000: Key legislation regulating financial services in the UK, establishing regulatory framework and requirements for financial activities.
Companies Act 2006: Principal legislation governing company operations in the UK, relevant for corporate borrowers in the group loan agreement.
Unfair Contract Terms Act 1977: Legislation controlling unfair terms in contracts, particularly excluding or restricting liability.
Consumer Rights Act 2015: Legislation protecting consumer rights, applicable if any borrowers are consumers rather than businesses.
FCA Regulations: Financial Conduct Authority regulations and guidelines governing financial services and consumer protection.
PRA Requirements: Prudential Regulation Authority requirements focusing on financial stability and prudential regulation of financial institutions.
Money Laundering Regulations 2017: Regulations requiring due diligence and verification procedures to prevent money laundering.
Data Protection Act 2018: Legislation governing the processing and handling of personal data, including UK GDPR requirements.
Contracts (Rights of Third Parties) Act 1999: Legislation governing how third parties may enforce terms of a contract.
Law of Property Act 1925: Fundamental property law legislation, relevant if the loan agreement involves secured lending.
Insolvency Act 1986: Legislation governing insolvency proceedings and creditor rights in case of borrower default.
Financial Collateral Arrangements (No.2) Regulations 2003: Regulations governing financial collateral arrangements and security interests.
Contract Formation Principles: Common law principles governing contract formation, including offer, acceptance, consideration, and intention to create legal relations.
Principles of Equity: Common law principles providing fairness and justice where strict legal rules may be insufficient.
Assignment and Novation Rules: Common law principles governing the transfer of rights and obligations under the loan agreement.
Security and Guarantees Principles: Common law principles governing the creation and enforcement of security interests and guarantees.
