Companies Act 2006: Primary legislation governing company operations, share capital, and distributions. Key sections relate to share issuance, transfer mechanisms, and directors' duties.
Financial Services and Markets Act 2000 (FSMA): Key financial services legislation that regulates financial activities and markets in the UK, including securities distribution.
Financial Services Act 2012: Updates and amends FSMA, providing additional regulatory framework for financial services and markets.
Financial Promotion Order 2005: Regulates how financial products can be promoted and marketed, including restrictions and requirements for equity offerings.
UK Market Abuse Regulation (UK MAR): Controls market manipulation and insider dealing, ensuring fair and transparent trading of securities.
Income Tax Act 2007: Governs taxation of income, including provisions related to equity distributions and dividend payments.
Corporation Tax Act 2010: Regulates corporate taxation aspects of equity distributions and corporate transactions.
Competition Act 1998: Ensures equity distributions don't create anti-competitive market conditions or monopolistic situations.
Enterprise Act 2002: Supplements competition law and provides framework for business regulation and market conduct.
Misrepresentation Act 1967: Governs false or misleading statements in contract formation, relevant for representations in equity distribution agreements.
Unfair Contract Terms Act 1977: Controls the use and enforcement of exclusion and limitation clauses in contracts.
Money Laundering Regulations 2017: Sets out due diligence requirements and anti-money laundering procedures for financial transactions.
Proceeds of Crime Act 2002: Establishes framework for preventing the use of proceeds from criminal conduct in financial transactions.
