Companies Act 2006: Primary legislation governing company operations in the UK, particularly relevant for company charges, registration requirements, and directors' duties and corporate authority in relation to subordination agreements.
Insolvency Act 1986: Key legislation governing priority of creditors in insolvency, rules regarding preferential debts, and provisions relating to corporate insolvency arrangements that affect debt subordination.
Law of Property Act 1925: Fundamental legislation concerning property law, particularly relevant for secured debts and charges over property in subordination agreements.
Enterprise Act 2002: Legislation that modified the insolvency regime and impacts creditors' rights, affecting how subordination arrangements function in practice.
Financial Collateral Arrangements (No.2) Regulations 2003: Regulations governing financial collateral arrangements, relevant when financial collateral is involved in debt subordination.
Common Law Principles: Established legal principles covering contractual interpretation, subordination principles, and equitable principles that affect subordination agreements.
Companies (Registration of Charges) Regulations 2009: Specific regulations governing the registration requirements for certain types of security, relevant for subordinated debt arrangements that include security.
Financial Conduct Authority (FCA) Regulations: Regulatory framework that may apply when financial institutions are involved in subordination arrangements.
Competition Law: Legal framework ensuring subordination arrangements do not breach competition regulations or create unfair market advantages.
Cross-border Legislation: International laws and regulations that need to be considered when subordination arrangements involve parties from multiple jurisdictions.
