Cryptic crossword clue
Legislation on parking agreements 5

The most common and most likely answer to this crossword clue is the 5 letter word PACTS

I've seen this crossword clue in The Daily Telegraph
P
A
C
T
S

Buddy explains!

The straight part
We know that "agreements" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case agreements = pacts.
The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.
This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.

What does PACTS mean?

PACTS noun
  1. An agreement; a compact; a covenant.
  2. An agreement between two or more nations
PACTS verb
  1. To form a pact; to agree formally.

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