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Partnership Act 1890: Primary legislation governing business partnerships in England and Wales, defining rights and obligations of partners and covering profit sharing arrangements

Companies Act 2006: Key legislation for registered companies, covering corporate governance requirements and directors' duties and responsibilities in profit sharing contexts

Income Tax Act 2007 and Corporation Tax Act 2010: Tax legislation governing the treatment of distributed profits, partnership taxation, and general tax implications of profit sharing arrangements

Value Added Tax Act 1994: Legislation covering VAT implications of profit sharing arrangements, including registration requirements and treatment of shared revenues

Contract Law (Common Law): Common law principles governing contract formation, consideration requirements, and terms and conditions essential for profit sharing agreements

Unfair Contract Terms Act 1977: Legislation ensuring terms are fair and reasonable, with particular focus on limitations on liability exclusions in contractual arrangements

Competition Act 1998: Legislation ensuring profit sharing arrangements don't breach competition law and addressing market sharing considerations

Financial Services and Markets Act 2000: Regulatory framework for financial services, relevant when profit sharing arrangements involve regulated activities

Data Protection Act 2018: Legislation governing the handling of personal data that may be involved in the profit sharing arrangement

Employment Rights Act 1996: Legislation protecting employee rights that may be affected by profit sharing arrangements