UKRI1 must arrange for the Arts and Humanities Research Council2, the Biotechnology and Biological Sciences Research Council3, the Economic and Social Research Council4, the Engineering and Physical Sciences Research Council5, the Medical Research Council6, the Natural Environment Research Council7, and the Science and Technology Facilities Council8 to exercise such functions of UKRI in respect of specified fields of activity as UKRI may determine9.
Such arrangements may, in particular, provide for the exercise by the Council concerned of UKRI's functions10 under in relation to relevant specialist employees
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Definition of automatismAn act is done in a state of automatism if it is done by the body without control by the mind, (eg it is a spasm or a reflex), or if it is done by a person who is not conscious of what they are doing. The act may be described as involuntary, but will not be regarded as such
This Practice Note explains certain common financial covenants used in commercial finance transactions including:•minimum net worth test•gearing ratio•leverage ratio (or debt to equity ratio)•current ratio (or acid test ratio)•cashflow ratio•interest cover ratio, and•loan to value ratioIt explains:
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 considers the different categories of contractual damages that may be available for financial loss (pecuniary loss), ie expectation-based damages, reliance-based damages and gains-based damages.For guidance on contractual damages generally, see Practice Note: Contractual
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