Partnership Act 1890: Foundational legislation that defines partnerships, establishes basic partnership rights, sets out default rules for partner relationships, and governs partnership dissolution procedures
Limited Partnerships Act 1907: Specific legislation governing limited partnerships, relevant if the partnership structure includes limited partners with limited liability
Companies Act 2006: Relevant legislation when the partnership involves corporate partners or corporate entities
Income Tax Act 2007: Tax legislation covering the tax implications of partnership interests and the treatment of redemption payments
Taxation of Chargeable Gains Act 1992: Legislation governing capital gains tax implications arising from the disposal of partnership interests
Contract Law principles: Common law principles governing contract formation including offer, acceptance, consideration, and intention to create legal relations
Financial Services and Markets Act 2000: Regulatory framework applicable when the partnership engages in regulated financial activities
Law of Property Act 1925: Legislation relevant for partnerships holding or dealing with real property assets
Insolvency Act 1986: Legal framework governing partner insolvency situations and related procedures
Partnership (Accounts) Regulations 2008: Regulations setting out the financial reporting requirements for partnerships
