A session of Parliament can only be brought to an end by the exercise of the royal prerogative1. Formerly, Parliament was prorogued at the end of the session by the monarch in person, but it has not been prorogued in this manner since 1854. It is now prorogued by a commission appointed for the purpose by letters patent under the Great Seal2. It is always prorogued to a definite day on which its next meeting is to take place. If it is decided afterwards to postpone the meeting to a date later than that which was originally fixed, the
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There may be times when, rather than assigning the benefit of an agreement to a third party, the original parties wish instead to end their obligations to each other under that agreement and, in effect, recreate it, with the third party stepping into the shoes of one of the original parties. This is
On 29 August 2015, the Prudential Regulation Authority (PRA) published the PRA Rulebook (Rulebook). The transition from the Handbook to the Rulebook was intended to benefit PRA-authorised firms, to access clearer and more concise rules. Alongside the Rulebook, supervisory statements and statements
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