The European Commission has published its 2026 EU Climate Action Progress Report and Carbon Market Report, showing that net EU greenhouse gas...
Ofgem has launched a consultation on proposed service standards authorisation conditions for heat network operators and suppliers serving domestic and...
Ofgem has launched a statutory consultation on proposed modifications to the Balancing and Settlement Code (BSC) and affected licences. The changes...
Ofgem has published its decision on the late competition offshore transmission owner (OFTO) build model. The model remains voluntary for generators...
An introduction to EU law and competition law issues for take-or-pay clauses in energy contractsThis Practice Note introduces take-or-pay clauses in...
Production Sharing ContractsIntroductionA production sharing contract (PSC) is a contractual relationship between a host government and a private...
The Offshore Transmission Owner (OFTO) regimeWhat are OFTOs?Offshore Transmission Owners (OFTOs) are the owners of offshore transmission assets which...
Power purchase agreements (PPAs)—key terms and issuesWhat is a power purchase agreement?A power purchase agreement (PPA) is a contract between an...
Late payment penalties—inheritance taxWhile interest often accrues on overdue tax, the late payment of certain taxes may also attract a penalty. For information on the interest accruing on overdue tax, see Practice Notes: IHT—payment deadlines on death—Interest on IHT and Interest on late paid
Can shares in a limited company that have not been paid-up at all be cancelled?A limited company having a share capital may not alter that share capital, except in the ways listed in section 617 of the Companies Act 2006 (CA 2006). Shares in a company cannot simply be cancelled without following an
Glossary—Latin legal termsDespite attempts in recent years to simplify the language used in legal cases, there are still a number of Latin phrases commonly used in personal injury claims. The following Latin phrases are listed in alphabetical order:Latin termDefinitionMeaningActa iure imperiiLegal
Template for regulatory references given by SMCR firms and disclosure requirements[Insert addressee details]Dear [insert name][It is our understanding that [insert name of prospective employee] [was an employee of yours between the dates of [insert dates as appropriate] OR is a current employee of
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