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Bills of Exchange Act 1882: Primary legislation governing negotiable instruments, defining requirements for valid promissory notes and setting out rules for negotiability and transfer

Consumer Credit Act 1974: Regulates credit agreements when the borrower is a consumer, including requirements for form and content and consumer protection provisions

Unfair Contract Terms Act 1977: Controls unfair terms in contracts, particularly relevant for interest rates and default provisions in promissory notes

Financial Services and Markets Act 2000: Regulatory framework applicable if the lender is providing credit as a business, may require FCA authorization

Late Payment of Commercial Debts (Interest) Act 1998: Governs interest rates and late payment terms between businesses, including statutory interest rates

Limitation Act 1980: Sets time limits for enforcement of contractual claims, establishing a six-year limitation period for contract claims

Common Law Principles: Fundamental legal principles covering contract formation, consideration, and capacity to contract that apply to promissory notes