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PRACTICE NOTES
Contents of training materials These training materials contain slides and speaker notes to introduce trainees, junior lawyers, lawyers from other practice areas or clients to the basics of planning law. They cover: • when planning permission is needed • permitted development rights • the Building Regulations regime • considerations involving listed buildings and conservation areas • national and local planning policy • the planning application procedure • the planning regime for nationally significant infrastructure projects • planning conditions • planning obligations and community infrastructure levy (CIL) • enforcement, and • compulsory
PRACTICE NOTES
This Practice Note explains the circumstances when a premises licence is required to authorise gambling activities. It explains the types of premises licences required for each activity, the eligibility criteria, the application process to the licensing authority from application through advertisement to hearing. It includes the mandatory conditions attached to a premises licence together with discretionary conditions. It also covers provisional statements and appeals against a licensing authority decision. A premises licence is required to authorise the provision of gambling facilities at: • casino premises • bingo premises • betting premises, including tracks and premises used by betting intermediaries • adult gaming centres • family entertainment centres With the exception of a track, a premises licence cannot be issued if a premises licence already has effect in relation to the same premises. A track includes: • a horse-race course • a dog track, or • other premises where races or sports events take place or are intended to take place Each
PRACTICE NOTES
Click the link below to download the training presentation. Contents • Inheritance tax ◦ Inheritance tax (IHT) — introduction ◦ The estate on death ◦ Lifetime charges ◦ Trust charges ◦ Anti-avoidance rules • Capital gains tax ◦ Capital gains tax (CGT) — introduction ◦ CGT rates
PRACTICE NOTES
Click the link below to download the training presentation. Contents • Key terms • Key legislation • Immediate steps following death • Personal representatives (PRs) • Entitlement to the estate • Intestacy rules • Grant not always required • Inheritance tax account • Application for a grant • Types of grant of representation
PRACTICE NOTES
Overview of the product development department The product development department usually works very closely with the customer facing departments within an organisation, such as sales and marketing, working to create new products or services, and/or enhance existing products based on customer and market feedback. Steps typically taken by the product development team in creating new or enhanced products or services may include the following: • identification of a new opportunity, such as through surveys, customer research, focus groups, competitor information, general feedback • brainstorming ideas for products/services • feasibility—can the product/service be developed, will it do what is required and expected • product/service development and testing • commercial analysis of cost, proposed
PRACTICE NOTES
What are project bank accounts? Project bank accounts are ring-fenced bank accounts set up for construction projects, where the purpose of the account is to make payments directly to the contractor, sub-contractors, key members of the team and supply chain (which may include consultants) on contractually agreed dates. The parties further down the construction chain do not have to wait for the contractor or other party above them in the contractual chain to pass on payment to them—payment is made directly by the bank at the same time as payment is made to the contractor. These arrangements offer the supply chain security that payments will be made without delay, and that payments properly due will be protected if the main contractor becomes insolvent. Project bank accounts are more likely to be used in higher value projects—given the set-up and administrative costs, and potential need to train the team who are unfamiliar with such arrangements, parties may see them as inappropriate for smaller projects (a review by one large contractor in 2014 confirmed this, suggesting that they
PRACTICE NOTES
This Practice Note provides an introduction to project finance. It explains: • the concept of project finance, including the nature of typical projects, the key parties involved and the type of financing used • the typical documentation structure in a project finance transaction • the key risks involved in a project finance transaction and how those risks are typically allocated, and • the typical security package in a project finance transaction Concept of project finance Project finance is not a new concept. It was used extensively in the 1980s, principally by commercial banks to finance the construction of large-scale infrastructure projects in North America and Europe. Subsequently, project finance techniques proliferated further afield during the 1990s in the Middle East, Latin America and across Asia. A typical project finance transaction involves finance being provided to: • construct and/or operate a new asset or facility • acquire and/or refinance an existing asset or facility, or • exploit something tangible like oil or gold Project finance can also be used for an arrangement where
PRACTICE NOTES
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 contains guidance relevant to public procurement exercises commenced before the Procurement Act 2023 (PA 2023) came into force on 24 February 2025. It captures the law as it stood at that point in time. In-scope procurements begun on or after 24 February 2025 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. The public procurement regime—pre-PA 2023 The domestic public procurement regime rests on
PRACTICE NOTES
This practical guidance relates to the Procurement Act 2023 regime This practical guidance focusses on public procurement under the Procurement Act 2023 (PA 2023). New in-scope procurements must be carried out under PA 2023. Procurements started before PA 2023 came into force (on 24 February 2025) remain governed by the previous legislation (the Public Contracts Regulations 2015 (PCR 2015), SI 2015/102, the Utilities Contracts Regulations 2016, SI 2016/274, the Concession Contracts Regulations 2016, SI 2016/273, and the Defence and Security Public Contracts Regulations 2011, SI 2011/1848). For background reading on the key differences between PA 2023 and the previous regime, see Practice Note: Introduction to the Procurement Act 2023—PA 2023 and Checklist: Procurement Act 2023—key changes. For details of the transitional arrangements, see Practice Note: Procurement Act 2023 transitional and saving arrangements—PA 2023. Summary of the principles and structure of public procurement in Wales PA 2023 provides the over-arching legal framework for public procurement in Wales, together with the Procurement (Wales) Regulations 2024 (P(W)R 2024), SI 2024/782 (as amended), which
PRACTICE NOTES
What are the key features of real estate finance? This Practice Note focuses on what is thought of as traditional real estate finance, ie lending against the cash flow generated by a property. In its simplest form, traditional real estate finance involves a loan to a borrower which is repaid from the rental income of the borrower’s property. (Other methods of investing in real estate finance include sale and leaseback, real estate investment trusts, jersey property unit trusts and property derivatives. For more information, see: Methods of investing in real estate—overview). Real estate finance transactions are either investment finance transactions or development finance transactions, depending on whether the property is being purchased as an investment (ie it is already generating revenue) or whether the property is being purchased to be developed. For more information, see Practice Notes: • Real estate finance—investment facilities—key features, and • Real estate finance—development facilities—key features The Loan Market Association (LMA) has published recommended form facility agreements for both investment and development real estate finance transactions which can
PRACTICE NOTES
The purpose of this Practice Note is to provide an overview of the legislation underpinning building societies. The Practice Note also briefly covers the legislation underpinning other mutual societies such as friendly societies. Overview of the Building Societies Act 1986 The Building Societies Act 1986 (BSA 1986) gave building societies what, at the time, was a completely new legal framework for the first time since the initial comprehensive building society legislation in 1874. BSA 1986 has subsequently been amended on a number of occasions, and was substantively revised by the Building Societies Act 1997 (BSA 1997), by the Financial Services and Markets Act 2000 (FSMA 2000) and by the Financial Services Act 2012 (FSA 2012) (which also amended FSMA 2000). The Financial Services (Banking Reform) Act 2013 made some amendments to the BSA 1986 and various minor pieces of legislation have also made some further amendments to the BSA 1986. Further amendments were made by the Building Societies Act 1986 (Amendment) Act 2024, which received Royal Assent on 24 May 2024. Following
PRACTICE NOTES
Click the link below to download the training presentation. Contents • Key points • UK residence test • Statutory residence test from 6 April 2013 • Automatic overseas tests • First automatic overseas test  (16-day test) • Second automatic overseas test (46-day test) • Third automatic overseas test (full-time work overseas test) • Automatic UK tests • The