Law of Property Act 1925: Primary legislation governing the creation and transfer of interests in property, particularly relevant for fixed charges and mortgages. Essential for establishing the legal framework of security interests.
Companies Act 2006: Crucial legislation covering requirements for company charges, registration of security interests, and corporate capacity and authority to enter into security arrangements.
Consumer Credit Act 1974: Regulatory framework for consumer credit transactions, including consumer protection provisions and regulatory requirements for credit agreements involving consumers.
Sale of Goods Act 1979: Establishes fundamental principles of sale contracts, including provisions regarding title and transfer of property, relevant for the underlying purchase agreement.
Financial Services and Markets Act 2000: Regulatory framework for financial services, particularly relevant if the security agreement involves regulated financial products or services.
Financial Collateral Arrangements (No.2) Regulations 2003: Secondary legislation specifically dealing with financial collateral arrangements and their enforcement.
Enterprise Act 2002: Contains provisions regarding the enforcement of security interests and insolvency procedures, particularly relevant for default scenarios.
Companies House Registration Requirements: Procedural requirements for registering security interests at Companies House, including timing and documentation requirements.
Security Interest Priority Rules: Legal principles determining the priority of competing security interests, essential for establishing the effectiveness of the security.
Enforcement Rights Framework: Legal framework governing the rights and procedures for enforcing security interests in case of default.
