DATE [insert date] Parties 1 [Insert name of Grantor] incorporated and registered in Ireland with company number [insert company number] whose registered office is at [insert address] (Grantor) 2 [Insert name of Grantee] incorporated and registered in Ireland with company number [insert company number] whose registered office is at [insert address] (Grantee) This option agreement provides for the sale of land as a whole and is not conditional on planning. The option may either be exercised by the Grantor (‘putting’ the property on the Grantee) or by the Grantee (‘calling’ for the transfer of the property from the Grantor). Options are contracts for the sale of land within section 51 of the Land and Conveyancing Law Reform Act 2009 (Ireland) (LCLRA 2009 (IRL)). An option agreement must: • be in writing • contain or incorporate all of the terms expressly agreed between the parties, and • be signed by or on behalf of each party 1 Definitions In this Agreement, the following definitions apply: this Agreement • means this put and call option agreement; Grantee’s Option • Definition—Grantee’s Option Include the optional wording in this definition if the optional wording in clause

Arbitration analysis: Arbitration is a ‘creature of contract’, so it is based on the parties’ consent to arbitrate. Ideally both parties give their consent expressly, while in other cases party consent may be inferred only from conduct before or during the arbitral proceedings. This article analyses how arbitration agreements can be concluded tacitly under Hungarian law. Written by Richard Schmidt at Smart Legal.

The categories of applicant Section 1 of the Inheritance (Provision for Family and Dependants) Act 1975 (I(PFD)A 1975) specifies the categories of people who are entitled to apply under I(PFD)A 1975 on the basis they have not received reasonable financial provision from the estate. These are: • a spouse or civil partner • a former spouse or civil partner who has not remarried or entered into a civil partnership • a cohabitant, defined in I(PFD)A 1975, ss 1(1A) and 1(1B) as someone who was living with the deceased as a spouse or civil partner for at least two years immediately prior to the death • a child of the deceased • a person treated by the

STOP PRESS: From 1 October 2026, section 48 of the Border Security, Asylum and Immigration Act 2025 (inserting sections 14A and 15A of the Immigration, Asylum and Nationality Act 2006) extends right to work civil penalty liability in certain contractual arrangements, including where a supplier which, having contracted to provide services to a customer, engages a subcontractor to perform all or part of those services. Although the subcontractor remains responsible for carrying out prescribed right to work checks on individuals it employs or engages to perform the subcontracted services, the supplier may be treated as 'employing' any individual who personally performs the services and so may also be held liable for illegal working unless it satisfies the prescribed requirements for establishing a statutory excuse. The extended liability requirements apply to relevant contractual arrangements entered into on or after 1 October 2026. See News Analysis: Extended scope of the right to work regime: how will it work in practice? and LNB News 14/09/2026 18 for further information. This Checklist will be updated shortly to reflect

ARCHIVED: This Practice Note has been archived and is not maintained. This practical guidance relates to the pre-Procurement Act 2023 regime This Practice Note provides a short introduction to the public procurement regime, aimed at a first-time bidder in a public procurement exercise conducted by a UK contracting authority. It contains guidance relevant to public procurement exercises commenced before the Procurement Act 2023 (PA 2023) came into force on 24 February 2025. In-scope procurements begun on or after this date are governed by PA 2023. Under the transitional and savings provisions for PA 2023, the previous public procurement regimes continue to apply to the extent necessary to allow contracting authorities to complete and manage procurements commenced before PA 2023 came into force (ie ongoing procurements). This Practice Note should be read in that context. For background reading, see Practice Note: Introduction to the Procurement Act 2023—PA 2023. Further practical guidance on PA 2023 is set out in a separate subtopic, see: Procurement Act 2023—overview. What is public procurement law? Public procurement—the

Tax analysis: In Collins Construction Ltd the First-tier Tax Tribunal (FTT) upheld the company’s claim for relief for expenditure on research and development, ruling that the restriction where expenditure is subsidised does not apply where there is a commercial contract between the parties and where there is no clear link between the price paid by the client and the expenditure on R&D.

For the purposes of this Q&A, we have assumed that the 'error' which is referred to is agreed by both (or all) parties to the document to be an error, and that the parties are not in dispute as to what the document could or should have said. It is also assumed that this error is discovered just after the relevant document was signed, for example at a signing meeting or shortly following signing. Broadly speaking, alterations made to a document after signing will not affect the validity of the document if they are authorised by all parties concerned or are immaterial in nature. Amendment of document by consent The simplest way of correcting an error in a document is through an amendment to that document. If the parties are in agreement on the proposed amendment and the error is discovered at or about the time of the signing, best practice is to have all of the relevant

Energy analysis: Is a petroleum exploration and development licence (PEDL) solely a statutory licence incapable of variation pursuant to contract law? Specialist environmental lawyer Lucy Bruce Jones, of Norton Rose Fulbright, examines the High Court’s answer in Dean v Secretary of State for BEIS.

Tax analysis: the First-tier Tax Tribunal (FTT) has released a decision about the time of supply of a property for VAT purposes where transfer of a going concern (TOGC) treatment is sought, including where the sale contract has been novated.

Tax analysis: In Delaney v HMRC, the First-tier Tax Tribunal (FTT) held that the preparatory steps taken by the taxpayer’s close company ahead of acquiring the taxpayer’s business were not sufficient to evidence a contract had been made, resulting in the taxpayer being unable to claim entrepreneurs’ relief (as it then was) on the business disposal.

The Commercial Court considered what law determines whether an arbitral tribunal has jurisdiction to determine a dispute in circumstances where the underlying contract provides for Indian law, there is provision for arbitration seated in London and certain elements of the Indian Arbitration Act have been specifically excluded. The court found an implied choice of Indian law.

Law360: A judge in the US District Court for the Southern District of New York has declined to send a proposed class action accusing Banco Popular North America of charging unfair overdraft fees to arbitration, ruling that an arbitration clause the bank added to its contract four years after the claimant opened his account was unconscionable.