The Secretary of State1 has power under the Health and Safety at Work etc Act 1974 to make health and safety regulations2 for the general purposes of the health, safety and welfare provisions3 of that Act4. Without prejudice to the generality of this power, these regulations may for any of those general purposes make provision for specified purposes5.
The power to make health and safety regulations8 includes power, in relation to any requirement of any such regulations that a person carrying on coal-mining operations9 is to be a participant in a mine rescue team10 approved by the Secretary of State,
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Dividends involve a distribution of cash or a distribution of non-cash assets (known as a distribution in kind or a distribution in specie).A scrip dividend (in a tax context, sometimes referred to as a stock dividend) allows a shareholder to receive new shares in a company as an alternative to a
BREXIT: UK is leaving EU on Exit Day (as defined in the European Union (Withdrawal) Act 2018). This has an impact on this Practice Note. For further guidance on the impact of Brexit on e-money requirements, see Practice Note: Impact of Brexit: Payment services and electronic money directives—quick
On the disposition of a property (whether by way of conveyance, transfer or charge), the party making the disposition will normally provide a title guarantee which implies standard form covenants for title. A landlord may give a title guarantee when granting a lease, but this is rare in practice.
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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