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Effective from: 1 April 2015
Business rates—reliefs- Wales
From 1 April 2015 relief is available for properties up to a maximum rateable value of £12,000 with different rateable values and percentages of relief applying for child care properties, post offices and retail premises.
This is subject to a temporary rate relief scheme which will run in Wales from 1 April 2015 to 31 March 2016. The temporary scheme also applies to properties with a maximum rateable value of £12,000 with different rateable values and percentages
of relief applying for child care properties and retail premises.
Effective from: 6 April 2015
The Construction (Design and Management) Regulations 2015 (CDM 2015) govern the management of health, safety and welfare on construction projects in the UK. CDM 2015 replace the current Construction (Design and Management) Regulations 2007 (CDM
CDM 2015 applies to both new and existing projects. In respect of the application of CDM 2015 to existing projects, where transitional provisions apply, see Practice Note: CDM 2015—transitional provisions (subscription
required). This Practice Note examines in detail how CDM 2015 compares to CDM 2007.
For a summary of the differences, please see our Free CDM 2015 Checklist.
The Health and Safety Executive (HSE) has also published draft guidance on CDM 2015, which is intended to assist duty holders under CDM 2015 prepare for
the new changes.
From 6 April 2015, CDM 2007 and its associated Approved Code of Practice are no longer in force.
The Regulations prescribe forms for the purposes of various provisions of the Housing Act 1988, Pt 1 in relation to assured tenancies and assured agricultural occupancies. They include:
Measures in the Deregulation Act confirm that:
Effective from: 12 April 2015
From 12 April 2015, the responsibility for local land charges transfers to the Land Registry. Transitional provisions give the Land Registry power to apply the transfer gradually by giving notice to the relevant Local Authority) Infrastructure Act 2015,
s 34, Sch 5
End of article
When a proposed mixed use development includes a residential element, a degree of caution should be exercised. A number of potential risks/issues arise. A number of these can, however, be avoided/reduced by careful ownership structuring at the outset.
This note details the most common pitfalls and risks and sets out (including detailed diagrams)
the best structures to minimize risk and safeguard viability in the most common scenarios. CLICK HERE FOR YOUR FREE DOWNLOAD!
Keywords: mixed use developments; right to manage; right to buy; right to extended lease; service charge issues; ownership structures.
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