Contract Rights of Third Parties Act 1999: Primary legislation governing how third parties may enforce terms of a contract and when they acquire enforceable rights
Law of Property Act 1925: Fundamental property law legislation that may be relevant if the exchange involves real property or interests in land
Sale of Goods Act 1979: Key legislation governing contracts for the sale of goods, including conditions and warranties about quality and fitness for purpose
Supply of Goods and Services Act 1982: Legislation covering contracts that involve both goods and services, establishing implied terms about quality and fitness
Consumer Rights Act 2015: Primary consumer protection legislation, applicable if one party is acting as a consumer in the exchange
Unfair Contract Terms Act 1977: Controls the use of exclusion and limitation clauses in contracts, protecting against unreasonable terms
Competition Act 1998: Prohibits anti-competitive agreements and abuse of dominant market position, ensuring exchange deals don't restrict competition
Enterprise Act 2002: Provides framework for merger control and market investigations, relevant for larger scale exchange agreements
Financial Services and Markets Act 2000: Regulates financial services and markets, crucial if the exchange involves financial instruments or services
Money Laundering Regulations 2017: Sets requirements for due diligence and preventing money laundering in business transactions
UK GDPR: Data protection regulation governing how personal data must be handled in business transactions
Data Protection Act 2018: UK's implementation of data protection requirements, working alongside UK GDPR
Common Law Doctrine of Consideration: Legal principle requiring each party to provide something of value in the exchange
Private International Law (Miscellaneous Provisions) Act 1995: Governs choice of law rules for contracts with international elements
Rome I Regulation (retained EU law): Determines which country's laws apply to contractual obligations in cross-border situations
Value Added Tax Act 1994: Establishes VAT obligations that may apply to the exchange of goods or services
Stamp Duty Land Tax Legislation: Tax regulations applicable if the exchange involves property transactions
