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Contracts Rights of Third Parties Act 1999: Key legislation governing how third parties may enforce terms of a contract and crucial for release provisions affecting third parties

Limitation Act 1980: Sets statutory time limits for bringing legal claims and is essential for ensuring validity of release provisions

Consumer Rights Act 2015: Provides protection for consumers in contracts and must be considered if any party is acting as a consumer rather than a business

Companies Act 2006: Governs corporate entities and their authority to execute agreements, including requirements for valid execution

Income Tax Act 2007: Determines tax treatment of payments and any withholding tax requirements that may apply to the payment structure

Value Added Tax Act 1994: Governs VAT implications of payments and whether VAT should be charged or accounted for

Employment Rights Act 1996: Relevant if the agreement relates to employment matters, particularly regarding settlement agreement requirements

Common Law Consideration Doctrine: Legal principle requiring valid consideration for the agreement to be enforceable, ensuring payment or other value is exchanged

Common Law Doctrine of Privity: Fundamental principle determining who can enforce the agreement and its terms

Data Protection Act 2018: Regulates the processing of personal data and must be considered if the agreement involves handling personal information

Money Laundering Regulations 2017: Compliance requirements for significant payment amounts, including necessary checks and verifications