Companies Act 2006: Primary legislation governing company structure, shares, and corporate governance in the UK. Essential for understanding the framework of business investments and shareholder rights.
Financial Services and Markets Act 2000: Regulates financial services and markets in the UK. Crucial for investments involving regulated activities and financial promotions.
Enterprise Act 2002: Addresses competition law matters and merger control. Relevant for ensuring the investment doesn't raise competition concerns.
Financial Services and Markets Act 2000 (Regulated Activities) Order 2001: Specifies which activities require authorization from financial regulators. Important for determining if the investment activities need regulatory approval.
National Security and Investment Act 2021: Controls foreign investments in sensitive sectors. Must be considered if the investment involves foreign capital or sensitive industries.
Law of Property (Miscellaneous Provisions) Act 1989: Governs certain aspects of contract formalities, particularly important if the investment involves property or requires specific formalities.
Misrepresentation Act 1967: Provides remedies for false statements made during contract negotiation. Essential for due diligence and representations in the MOU.
UK GDPR and Data Protection Act 2018: Regulates the processing and handling of personal data. Must be considered when sharing information during due diligence and investment process.
Proceeds of Crime Act 2002: Anti-money laundering legislation that requires verification of investment sources and prevents use of criminal property.
Money Laundering Regulations 2017: Sets out detailed requirements for due diligence and verification of investors and investment funds.
Competition Act 1998: Prohibits anti-competitive behavior and abuse of dominant market position. Must be considered for investments that could affect market competition.
Income Tax Act 2007: Governs personal tax implications of investments and must be considered for tax efficient structuring of the investment.
Corporation Tax Act 2010: Determines corporate tax treatment of investments and business structures. Essential for tax planning aspects of the investment.
