(1) The Commissioner must prepare a code of practice which contains—
(a) practical guidance in relation to the sharing of personal data in accordance with the requirements of the data protection legislation, and
(b) such other guidance as the Commissioner considers appropriate to promote good practice in the sharing of personal data.
(2) Where a code under this section is in force, the Commissioner may prepare amendments of the code or a replacement code.
(3) Before preparing a code or amendments under this section, the Commissioner must consult the Secretary of State and such of the following as the Commissioner considers
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This Practice Note discusses Term Loan B (TLB) facilities which frequently appear as a tranche of senior facilities in syndicated loans in leveraged financings. TLBs are an established feature in the US market and increasingly used in the European lending market for institutional investors.This
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This Practice Note examines:•why negative pledge clauses are used in commercial transactions •the consequences of breaching negative pledge provisions•how negative pledges are viewed in the context of security and quasi-security, and•key considerations when drafting a negative pledge clauseWhere
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