Since the ordinary estimates of expenditure have to be framed some months before the commencement of the year to which they relate, many departments are compelled as the year proceeds to present further estimates for expenditure which could not have been foreseen when the original estimates were prepared. Some of these fresh demands can be foreseen in time to be submitted to the House of Commons before the consideration of the main estimates has been concluded. Such supplementary or additional grants may be included in an Appropriation Act passed before the House rises in the summer1. Other demands cannot
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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
The Public Private Partnership (PPP) models are a popular way for governments to involve private investment, expertise and risk in procuring infrastructure, with the potential to deliver a project more efficiently and economically. One of the most popular PPP models for procuring infrastructure
Who is a fiduciary?There is no comprehensive list of the relationships which give rise to the existence of fiduciary duties under common law. Some relationships are automatically fiduciary, eg those between trustee and beneficiary, solicitor and client, principal and agent, business partner and
Criminal offences are generally divided into two categories: •conduct crimes, and •result crimesA conduct crime is a crime where only the forbidden conduct needs to be proved. For example, an accused is guilty of dangerous driving if they drove a motor vehicle dangerously on a road or other public
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