Consumer Credit Act 1974: Primary legislation governing credit agreements and leasing arrangements, particularly relevant if the lease involves regulated credit provisions
Supply of Goods and Services Act 1982: Legislation that governs the quality and fitness for purpose of goods (the truck) and any associated services provided under the lease
Unfair Contract Terms Act 1977: Controls the use and enforceability of exclusion clauses and unfair terms in contracts, ensuring fairness in termination provisions
Consumer Rights Act 2015: Relevant if one party is a consumer, providing additional protections and rights in contracts for goods and services
Contract (Rights of Third Parties) Act 1999: Governs how third parties may be affected by or enforce terms of the contract
Goods Vehicles (Licensing of Operators) Act 1995: Regulates the licensing and operation of goods vehicles, which may affect transfer or termination obligations
Road Traffic Act 1988: Contains provisions regarding vehicle roadworthiness and safety requirements that may need to be addressed in termination conditions
Vehicle Excise and Registration Act 1994: Governs vehicle registration and taxation requirements that need to be considered during lease termination
Financial Services and Markets Act 2000: May be relevant to financing arrangements and regulated activities related to the lease
Late Payment of Commercial Debts (Interest) Act 1998: Governs interest on late payments in commercial transactions, relevant for outstanding payment settlements
Environmental Protection Act 1990: Covers environmental responsibilities and liabilities that may need to be addressed during vehicle transfer or disposal
Clean Air Act 1993: Contains provisions regarding vehicle emissions and environmental standards that may affect termination conditions
Common Law Contract Principles: Fundamental principles governing contract formation, termination, and enforcement under English common law
Doctrine of Frustration: Legal principle dealing with situations where contract performance becomes impossible or radically different from what was originally contemplated
Mitigation of Losses: Legal principle requiring parties to take reasonable steps to minimize losses resulting from contract termination
