The following Energy practice note provides comprehensive and up to date legal information covering:
The Convention on Early Notification of a Nuclear Accident establishes a notification system for nuclear accidents which have the potential for international transboundary release that could be of radiological safety significance for another State.
The failure of the USSR to provide information immediately following the Chernobyl accident led to the Convention.
The Convention requires States to report the accident's time, location, radiation releases, and other data essential for assessing the situation. Notification is to be made to affected States directly or through the International Atomic Energy agency (IAEA), and to the IAEA itself. Reporting is mandatory for any nuclear accident involving facilities and activities listed in Article 1. Pursuant to Article 3, States may notify other accidents as well.
China, France, Russia, the United Kingdom and United States have all declared their intent also to report accidents involving nuclear weapons and nuclear weapons tests.
To ensure the early notification of a nuclear accident to State Parties who may be affected.
It was the first multilateral agreement to set comprehensive rules on the provision of information in a nuclear emergency.
It had been strongly voiced that the obligation to
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Dividends involve a distribution of cash or a distribution of non-cash assets (known as a distribution in kind or a distribution in specie).A scrip dividend (in a tax context, sometimes referred to as a stock dividend) allows a shareholder to receive new shares in a company as an alternative to a
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
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
Background to the Single RulebookHistorically, the European Commission (Commission) favours using Directives (rather than Regulations) to set out its legislation in respect of the financial services sector. However, Directives, allowing Member States greater flexibility in how they implement
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