Sale of Goods Act 1979: Primary legislation governing the transfer of business assets, including warranties and conditions of sale in business transfers
Companies Act 2006: Regulates corporate aspects including transfer of shares, corporate governance requirements, and registration obligations
Transfer of Undertakings (Protection of Employment) Regulations 2006 (TUPE): Governs employee rights and obligations during business transfers, including consultation requirements and transfer of employment contracts
Value Added Tax Act 1994: Covers VAT implications of business transfers and special provisions for transfer of going concern under Article 5 VAT Order 1995
Employment Rights Act 1996: Ensures protection of employee rights and regulates employment contract transfers in business sales
Data Protection Act 2018 and UK GDPR: Regulates the transfer of customer and employee data, ensuring privacy compliance during business transfers
Contracts (Rights of Third Parties) Act 1999: Governs third-party rights in existing contracts that may be affected by the business transfer
Competition Act 1998: Addresses merger control considerations and competition law compliance in business sales
Property Law Act 1925: Governs transfer of property rights and lease assignments in business transfers
Financial Services and Markets Act 2000: Applies to transfers involving regulated activities and financial services businesses
Trade Marks Act 1994: Regulates the transfer of trademark rights as part of intellectual property in business sales
Copyright, Designs and Patents Act 1988: Governs the transfer of intellectual property rights including copyrights, designs, and patents
Enterprise Act 2002: Sets merger control thresholds and regulates competition aspects of business transfers
Pensions Act 2004: Regulates the transfer of pension obligations and protections in business sales
