Companies Act 2006: Primary legislation governing company operations and corporate entities in the UK, relevant for establishing the legal framework for cost agreements between companies
Partnership Act 1890: Foundational legislation for partnerships, necessary when indirect cost agreements involve partnership entities
Contract Law (Rights of Third Parties) Act 1999: Legislation governing how third parties may enforce terms of a contract, relevant for indirect cost agreements affecting multiple parties
Late Payment of Commercial Debts (Interest) Act 1998: Regulates interest on late payments in commercial transactions, important for payment terms in cost agreements
Financial Reporting Standards (FRS 102): UK accounting standards that provide guidance on how indirect costs should be calculated and reported
UK GAAP: Generally Accepted Accounting Principles for UK, providing framework for cost accounting and financial reporting
IFRS: International Financial Reporting Standards, providing international framework for financial reporting and cost accounting
Finance Acts: Annual legislation implementing tax changes, affecting how indirect costs are treated for tax purposes
Value Added Tax Act 1994: Legislation governing VAT in the UK, crucial for understanding tax implications in indirect cost calculations
Corporation Tax Acts: Legislation governing corporate taxation, relevant for tax treatment of indirect costs
Public Contracts Regulations 2015: Regulations governing public sector procurement and contracting, including cost considerations for government contracts
Small Business, Enterprise and Employment Act 2015: Legislation affecting small business operations and their contractual relationships
Retained EU Law: Post-Brexit EU-derived legislation still applicable in UK law, including procurement and cost accounting standards
UK GDPR: Data protection regulation governing the processing of personal data, relevant if cost agreement involves personal data processing
Data Protection Act 2018: UK's implementation of data protection requirements, applicable when personal data is involved in cost calculations or reporting
