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Contracts (Rights of Third Parties) Act 1999: Primary legislation governing how third parties may enforce terms of a contract, which is crucial for defining the scope of who can rely on the advisory services agreement

Supply of Goods and Services Act 1982: Sets out implied terms for contracts of services, including that services must be carried out with reasonable care and skill

Consumer Rights Act 2015: Relevant when providing advisory services to individual clients, setting out consumer rights and business obligations

Data Protection Act 2018 and UK GDPR: Governs the processing and handling of personal data, requiring specific provisions in the engagement letter regarding data protection

Limitation Act 1980: Establishes time limits for bringing legal claims, important for liability and limitation clauses in the engagement letter

Financial Services and Markets Act 2000: Key legislation for regulated financial advisory services, establishing regulatory framework and requirements

Money Laundering Regulations 2017: Sets out requirements for client due diligence and anti-money laundering procedures that must be referenced in the engagement letter

Proceeds of Crime Act 2002: Criminal law framework regarding money laundering that affects client acceptance and ongoing monitoring obligations

IR35 Legislation: Tax legislation affecting off-payroll working rules, relevant if the advisory services are provided through an intermediary

Employment Rights Act 1996: Relevant for determining employment status and rights, important for clearly defining the nature of the advisory relationship

Common Law Duty of Care: Legal principle establishing the advisor's obligation to exercise reasonable care and skill in providing services

Common Law Confidentiality: Legal principles governing confidentiality obligations and protection of client information

Fiduciary Duties: Common law principles establishing special obligations of trust and loyalty when acting in a fiduciary capacity

Professional Body Requirements: Specific regulations and standards set by relevant professional bodies that govern the conduct of advisory services