Where Ofcom1 has published a tender notice stating that it proposes to grant a local radio multiplex licence2, it must, in determining whether, or to whom, to award the licence in question, have regard in relation to each applicant to the matters specified under heads (1) to (7) below, as follows3:
(1) the extent of the coverage area proposed to be achieved by the applicant as indicated in the technical plan submitted by him in response to the tender notice4;
(2) the timetables proposed by the applicant in response to the tender notice5;
(3) the ability of the applicant
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Part 8 of the Corporation Tax Act 2009 (CTA 2009) is a specific corporation tax regime that applies exclusively to the gains and losses of intangible fixed assets. Note, however, that certain intangible fixed assets are excluded from the regime, see Practice Note: Excluded intangible fixed
Produced with input from Rebecca Cousin of Slaughter and May on market practice.This Practice Note summarises the rules and guidance in relation to parties who are, or may be presumed to be, acting in concert for the purposes of The City Code on Takeovers and Mergers (the Code). In particular the
Tipping off and prejudicing an investigationIt would undermine the benefit to the authorities if, a suspicious activity report (SAR) having been made, the alleged offender were to be made aware of the interest in their activities so that they could take steps to cover up their misdeeds or disappear.
This Practice Note examines:•why negative pledge clauses are used in commercial transactions •the consequences of breaching negative pledge provisions•how negative pledges are viewed in the context of security and quasi-security, and•key considerations when drafting a negative pledge clauseWhere
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