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GLOSSARY

Strip definition

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What does Strip mean?

Strips (separately traded registered interest and principal securities) are zero-coupon bonds created from the individual cash flows of a coupon-paying bond.

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Obtaining disclosure from investigating officer—checklist

Obtaining disclosure from investigating officer—checklist Introduce yourself to the officer and ensure you make a note of their name and rank. Explain to the officer the purpose of your consultation and your expectations. Ensure the following areas are covered during the consultation: • Examine the officer's case narrative whether disclosed orally or in writing. • Confirm the reason and circumstances of client's arrest, in particular the location and time of the arrest. • Obtain details of the suspected offence(s): ◦ time ◦ location ◦ injuries ◦ existence of victim's statement(s) ◦ victim's attitude to supporting prosecution • Establish what evidence exists to support each element of the offence(s): ◦ identification by witnesses (recognition, street identification, voice identification, photographs) ◦ existence of CCTV ◦ existence of Body Worn Video ◦ existence of forensic evidence (DNA/fingerprints) ◦ admissions/statements made by client before or after arrest ◦ results of searches of person and searches of property ◦ witness statements ◦ telephone records/computer evidence • Determine whether any other person has been arrested for...

Attendance at the police station—checklist

Attendance at the police station—checklist This Checklist should be read in conjunction with other Practice Notes referred to below. In particular, for voluntary interviews under caution, see Practice Note: Voluntary attendance at an interview under caution. A defence lawyer attending an interview under caution needs to be with familiar with the Police and Criminal Evidence Act 1984 (PACE 1984) and the PACE Codes of Practice. This Checklist covers attending the police station for general crime investigations. There are different rules and procedures for certain other matters such as interviews conducted by the Financial Conduct Authority (FCA), Serious Fraud Office (SFO) or National Crime Agency (NCA). For more information on these types of interviews, see the following Practice Notes: • Financial Conduct Authority interviews and production of documents • Interviews under the Criminal Justice Act 1987, s 2 • Attendance at a corporate crime interview under caution—checklist • Compulsory interviews under SOCPA 2005 Prior to attending the police station Prior to attending the police station ensure that you have called the...

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Security requirements for mobile payments

Security requirements for mobile payments Introduction This Practice Note outlines the key legal issues regarding security faced by mobile payment service providers as well as those faced by the customer, and how these are being addressed in upcoming European legislation. Mobile payments, as an industry, is rapidly expanding in the UK with the launch of Apple Pay, Google's 'Android Pay' and Samsung's 'Samsung Pay'. The retail payments market has experienced significant technical innovation, with rapid growth in the number of electronic and mobile payments and the emergence of new types of payment services in the market place, which challenges the current framework. This has resulted in payment services legislation, such as the Payment Services Directive (2007/64/EC) (PSD), which was implemented in the UK by the Payment Services Regulations (SI 2009/209) (PSR), becoming outdated in some respects, particularly in relation to security issues, leading to reform of the PSD. The European Parliament adopted the second Payment Services Directive (PSD2) on 8 October 2015. The Council of the European Union adopted...

Countryside—the right to roam

Countryside—the right to roam The right to roam on open land has many similarities to the right to travel from A to B (which characterises a public highway), but the right to roam is entirely statutory. Mostly, the right is set out in the Countryside and Rights of Way Act 2000 (CRWA 2000). Unlike a highway right, the right to roam needs no origin or destination in its use or definition. The CRWA 2000 was introduced in order to clarify and extend the right of the public to walk across open countryside. The various regulations and restrictions in the legislation are intended to make it clear that walking is permitted, but that the walkers must respect the rights of other users of the countryside. The CRWA 2000 was introduced in order to clarify and extend the right of the public to walk across open countryside. The various regulations and restrictions in the legislation are intended to make it clear that walking is permitted, but that the walkers must...

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Statutory declaration — adverse possession pre-Land Registration Act 2002

Statutory declaration — adverse possession pre-Land Registration Act 2002 I, [name], of [address], do solemnly and sincerely declare that: 1 As the result of a transfer dated [date] made between (1) [name of seller] and (2) myself [and my [wife OR husband OR [other]] ], [I OR we] acquired the freehold land ('the Red Land') registered under title number [title number of declarant’s property] shown [edged OR coloured OR hatched] red on the plan (now produced and shown to me and marked ‘1') attached to this declaration ('the Plan'). The Red Land comprises the house and garden situated at [address or other description]. On the day of completion of the transfer, [I OR we] entered into possession of the Red Land and have been in continuous possession of it ever since. Shortly after completion, [my OR our] solicitors also applied for [me OR us] to be registered as proprietor[s] of the Red Land and that registration was completed on [date]....

Licence to use a route over land

Licence to use a route over land Date [date] Parties 1 [name of Licensor] [of OR incorporated in England and Wales (company registration number [number]) whose registered office is at] (Licensor); 2 [name of Licensee] [of OR incorporated in England and Wales (company registration number [number]) whose registered office is at] [address] (Licensee). 1 Definitions In this Licence, the following definitions apply: Legislation • all legislation in force in the United Kingdom at any time during the Licence Period, including: (a) Acts of Parliament; (b) orders, regulations, consents, licences, notices and bye laws made or granted: (i) under any Act of Parliament; (ii) by a local authority or by a court of competent jurisdiction; (c) any approved codes of practice issued by a statutory body; Licence Fee • the [weekly OR monthly OR quarterly] sum of £[amount] plus any VAT payable; Licence Period • from [date] until [date] (unless terminated earlier under the provisions of this Licence); Licensee’s Property • the land [and buildings]...

Dive into our 8 Precedents related to Strip

Is there a case that confirms that a right of way with horses and carts is the modern-day equivalent of a vehicular right of way?

Is there a case that confirms that a right of way with horses and carts is the modern-day equivalent of a vehicular right of way? Rights of way, particularly those granted a number of years ago, often cause difficulties as to their interpretation in more modern circumstances. The extent of an expressly granted easement such as a right of way depends on the interpretation of the deed granting the easement and on its context. The court will normally construe the grant in favour of the grantee or owner of the dominant land (Cordell v Second Clanfield Properties) (ie the land which has the benefit of the right of way). The land over which the right of way exists is known as the servient land. Where there is some dispute over the extent of a right of way, it may be necessary to establish what was in contemplation of the parties at the time of the grant of the right of way. The starting point of interpretation is the words used;...

Could a highway verge be sold? Would a stopping up order be needed?

Could a highway verge be sold? Would a stopping up order be needed? A highway at common law is a way over which there exists a public right of passage for all persons to pass and repass freely at all times without let or hindrance. The Highways Act 1980 (HiA 1980) does not contain a specific definition, HiA 1980, s 328 thereof instead defining 'highway' as the whole or part of a highway other than a ferry or waterway, and including bridges and tunnels forming part of the highway. A highway is thus a right, rather than an interest in land, and the HiA 1980 provides for the statutory framework for the establishment and maintenance of highways (Parts III and IV respectively). Many highways are maintainable at public expense, but some highways will be maintainable at private expense; the question of whether maintenance is public or private is not determinative of whether a way is a highway or a private right of way. Under HiA 1980, s 263, every highway...

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Property weekly highlights—26 June 2025

This week's edition of Property weekly highlights includes: publication of the second edition of the RICS service charge standard, pausing of the Law Society’s work on the material information form and publication by the Law Society of supplementary FAQs on its climate change and property practice note and cases on residential service charge, disclaimer and AGAs, HMOs, boundary determination, vesting orders on insolvency and stamp duty land tax.

Property Disputes weekly highlights—26 June 2025

This week's edition of Property Disputes weekly highlights includes commentary on the justification for continuing injunctions against unknown persons in car-cruising nuisances cases, the granting of possession orders and injunctions to Cambridge Colleges in response to disruptive protests, clarification from the Upper Tribunal of the definition of ‘person managing’ an HMO under the Housing Act 2004, and the second reading of the Right to Manage and Leasehold Bill in the House of Commons.

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