By Tom Swindells - 18 Sep 2017
With the new Contract and Commercial Law Act 2017 coming into
force on 1 September now is the perfect time to review your
business contracts.
The new Act has the aim of modernising and consolidating the
laws which relate to contracts and commercial transactions. The
CCLA replaces and repeals 11 commercial statutes including the
Contractual Remedies Act 1979, the Sale of Goods Act 1908, the
Contractual Mistakes Act 1977 and the Contracts (Privity) Act
1982.
It is a revision Act, so apart from very minor amendments which
are intended to reflect Parliament's intention or deal with
inconsistency it does not make any changes to previous legislation.
Instead, what the CCLA does is set out in one place various
statutory provisions that will be relevant to business owners in
relation to their contracts, in particular concerning the way they
sell goods and supply services.
If you own, operate or manage a business, the practical
consequence of the CCLA is that you should ensure that your
contracts with customers, including your standard form terms and
conditions, are drafted in accordance with the law as set out in
the CCLA. Your contracts should also all now refer to the CCLA
rather than any of the repealed Acts.
Don't hesitate! If you would like to discuss the CCLA or your
contracts with customers and/or clients generally, contact one of
our Commercial team who will be happy to discuss this with you.
Contacts
Tom
Swindells
Melissa
Higham