Common Law Principles: Fundamental principles including Law of Contract (covering formation, consideration, and intention to create legal relations), Doctrine of Privity of Contract, and rules regarding assignment and novation
Contracts (Rights of Third Parties) Act 1999: Legislation governing how third parties may enforce terms of a contract and their rights, particularly relevant for novation agreements where rights are transferred to a third party
Law of Property Act 1925: Statutory framework governing property rights and their transfer, relevant if the agreement involves property-related rights or obligations
Companies Act 2006: Primary legislation governing company operations in the UK, relevant when any parties to the novation are registered companies
Financial Services and Markets Act 2000: Regulatory framework for financial services in the UK, applicable if the agreement involves regulated financial activities
Consumer Rights Act 2015: Legislation protecting consumer rights, relevant if any party to the agreement is acting as a consumer
Consumer Credit Act 1974: Legislation governing credit agreements, applicable if the original agreement involves consumer credit arrangements
UK GDPR: Data protection regulation governing the processing of personal data, relevant if the agreement involves the transfer or processing of personal data
Data Protection Act 2018: UK's implementation of data protection requirements, complementing UK GDPR provisions
Limitation Act 1980: Legislation setting time limits for enforcing contractual rights and bringing legal claims
Retained EU Law: European Union legislation retained in UK law post-Brexit that may affect the subject matter of the contract
