<akomaNtoso xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xsi:schemaLocation="http://docs.oasis-open.org/legaldocml/ns/akn/3.0 http://docs.oasis-open.org/legaldocml/akn-core/v1.0/cos01/part2-specs/schemas/akomantoso30.xsd"><act name="asp"><meta><identification source="#"><FRBRWork><FRBRthis value="http://www.legislation.gov.uk/id/asp/2026/10"/><FRBRuri value="http://www.legislation.gov.uk/id/asp/2026/10"/><FRBRdate date="2026-04-14" name="enacted"/><FRBRauthor href="http://www.legislation.gov.uk/id/legislature/ScottishParliament"/><FRBRcountry value="GB-SCT"/><FRBRnumber value="10"/><FRBRname value="2026 asp 10"/><FRBRprescriptive value="true"/></FRBRWork><FRBRExpression><FRBRthis value="http://www.legislation.gov.uk/asp/2026/10/2026-04-15"/><FRBRuri 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refersTo="#"/></temporalGroup></temporalData><references source="#"><TLCEvent eId="enactment" href="" showAs="EnactmentDate"/><TLCLocation eId="extent-s" href="/ontology/jurisdictions/uk.Scotland" showAs="S"/><TLCConcept eId="status-prospective" href="" showAs="Prospective"/></references><notes source="#"><note ukl:Name="Commentary" ukl:Type="I" class="commentary I" eId="key-c0e47ceca1e90d098185f74925292a12" marker="I1"><p>S. 2  not in force at Royal Assent, see <ref eId="n97d2d0e5fbebfc4d" class="subref operative" href="http://www.legislation.gov.uk/id/asp/2026/10/section/29/2">s. 29(2)</ref></p></note></notes><proprietary xmlns:ukm="http://www.legislation.gov.uk/namespaces/metadata" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:dct="http://purl.org/dc/terms/" source="#"><dc:identifier>http://www.legislation.gov.uk/asp/2026/10/section/2</dc:identifier><dc:title>Contract (Formation and Remedies) (Scotland) Act 2026</dc:title><dc:language>en</dc:language><dc:publisher>Statute Law Database</dc:publisher><dc:modified>2026-05-22</dc:modified><dc:contributor>Expert Participation</dc:contributor><dct:valid>2026-04-15</dct:valid><ukm:PrimaryMetadata><ukm:DocumentClassification><ukm:DocumentCategory Value="primary"/><ukm:DocumentMainType Value="ScottishAct"/><ukm:DocumentStatus Value="revised"/></ukm:DocumentClassification><ukm:Year Value="2026"/><ukm:Number Value="10"/><ukm:EnactmentDate Date="2026-04-14"/><ukm:ISBN Value="9780105904540"/></ukm:PrimaryMetadata><ukm:Notes><ukm:Note IdURI="http://www.legislation.gov.uk/id/asp/2026/10/section/2/notes" DocumentURI="http://www.legislation.gov.uk/asp/2026/10/section/2/notes"/><ukm:Alternatives><ukm:Alternative URI="http://www.legislation.gov.uk/asp/2026/10/pdfs/aspen_20260010_en.pdf" Date="2026-07-27" Title="Explanatory Note" Size="1215379"/></ukm:Alternatives></ukm:Notes><ukm:Alternatives><ukm:Alternative URI="http://www.legislation.gov.uk/asp/2026/10/pdfs/asp_20260010_en.pdf" Date="2026-05-12" Size="1273211"/></ukm:Alternatives><ukm:Statistics><ukm:TotalParagraphs Value="30"/><ukm:BodyParagraphs Value="30"/><ukm:ScheduleParagraphs Value="0"/><ukm:AttachmentParagraphs Value="0"/><ukm:TotalImages Value="0"/></ukm:Statistics></proprietary></meta><body eId="body"><part eId="part-1"><num>Part 1</num><heading>Formation of Contract</heading><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-1-crossheading-requirements-for-the-formation-of-a-contract"><heading>Requirements for the formation of a contract</heading><section eId="section-2" uk:target="true"><num>2</num><heading>Formation of contract: general</heading><subsection eId="section-2-1"><num>(1)</num><intro><p>A contract is formed on the parties coming to an agreement—</p></intro><level class="para1" eId="section-2-1-a"><num>(a)</num><content><p>which they intend to have legal effect, and</p></content></level><level class="para1" eId="section-2-1-b"><num>(b)</num><intro><p>which, taking any relevant enactment or rule of law into consideration, has both—</p></intro><level class="para2" eId="section-2-1-b-i"><num>(i)</num><content><p>the essential characteristics of a contract of the kind in question, and</p></content></level><level class="para2" eId="section-2-1-b-ii"><num>(ii)</num><content><p>sufficient content,</p></content></level><wrapUp><p>for it to be given legal effect as a contract of that kind.</p></wrapUp></level></subsection><subsection eId="section-2-2"><num>(2)</num><content><p>A contract is formed on the parties coming to an agreement on all but one matter or all but some matters, provided that the agreement is otherwise an agreement within the meaning of subsection (1).</p></content></subsection><subsection eId="section-2-3"><num>(3)</num><content><p>But where a party explicitly requires that, for a contract to be formed, there must be agreement on a specific matter there is no contract unless the parties come to an agreement on that matter.</p></content></subsection><subsection eId="section-2-4"><num>(4)</num><content><p>For the purposes of subsections <ref href="#section-2-1">(1)</ref> to <ref href="#section-2-3">(3)</ref>, whether there is agreement or not may be determined from the statements and conduct of the parties (whether or not such statements and conduct consist of, or include, the acceptance of an offer).</p></content></subsection></section></hcontainer></part></body></act></akomaNtoso>