As from a day to be appointed1 no person may, in the course of estate agency work2, seek from any prospective purchaser3 a payment which, if made, would constitute a pre-contract deposit4 in excess of a prescribed limit5 and if in the course of such work any person receives from a prospective purchaser a pre-contract deposit which exceeds such a limit, so much of that deposit as exceeds the limit must forthwith be either repaid to the prospective purchaser or paid to such other person as the prospective purchaser may direct6. Failure to comply with these requirements does not
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IntroductionShari'ah (also Sharia, Shariah or Shari’a) (literally, in Arabic, 'the path towards the watering place') or Islamic law is the legal system of the religion of Islam that sets out a system of duties or code of conduct for individuals to follow so that they may live their life in a
This Practice Note covers the legal framework and regulatory guidance to be considered in determining whether an arrangement constitutes a contract of insurance and the possible consequences of carrying on activities relating to a contract of insurance without the requisite regulatory permissionsThe
The right to notice means a right for the employee to remain in employment for the period of notice, not simply to be paid for it. An employer will therefore often include in the contract an express right to make a payment in lieu of notice ('PILON') as an alternative to giving notice, to ensure
What is quia timet relief?Injunctions are generally awarded where a party has already suffered a wrong. For guidance on injunctions generally, see Practice Note: Injunctions—guiding principles. However, an injunction may be sought before a party's rights have been infringed on the basis that they
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