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NEWS
Property analysis: James Plummer won his claim for disability discrimination against the company managing a block of flats in Woolwich—the Royal Herbert Pavilions. Mr Plummer had argued that the company should make reasonable adjustments so that he could access and use the leisure club, membership of which came with the purchase of his flat. The court also upheld Mr Plummer’s claim of indirect disability, due to the company’s policy of only performing works on the property if it benefitted all residents. Written by Nick Webster, solicitor at Leigh Day.
MSR
GLOSSARY
Molten Salt Reactor: Reactor technology at experimental stage.
GLOSSARY
Missing trader intra-community (MTIC) fraud is a form of VAT evasion that involves the trader who is liable for an amount of VAT going missing or hiding behind a false identity such that the VAT due cannot be recovered.
GLOSSARY
Mobile Telephone Preference Access Service
PRACTICE NOTES
MVL A members’ voluntary liquidation (MVL) is a much-used, versatile process as the timing and strategy of the liquidation is initially in the hands of the shareholders and then, on appointment, under the control of the liquidator. This can also prove a useful tool as part of an overall strategy to include a number of different companies in the group. The liquidator’s actions in winding up the company’s affairs should provide some certainty to all stakeholders and provide further protection to directors and shareholders. Though the cost of an MVL is usually higher than dissolution/striking off, the overall benefits may outweigh the additional costs. MVL may be a preferable option if: • the company has a trading history or is still trading • there are contingent claims that need to be agreed/settled • the value of net assets is greater than that of liabilities • there are liabilities not dealt
PRACTICE NOTES
The primary issue to establish with the nominated liquidator prior to any appointment is the true position of the company as to its solvency. For further information, see Checklist: Directors' due diligence questionnaire and guidance before swearing a statutory declaration of solvency for a members' voluntary liquidation. Documents and information to be provided to the liquidator by the company In order to establish the company’s true financial position the following should be provided to the nominated liquidator: • an up-to-date list of the company’s assets and liabilities. If the company has ceased to trade the list should be prepared up to the date of cessation. Professional valuers may need to be instructed to establish accurate asset valuations and enable a comparison to be made to the balance sheet • a full company search, more particularly details of the current directors and shareholders together with copies of the current memorandum and articles of association • draft accounts from
PRECEDENTS
This Agreement is made on [insert date] Parties 1 [insert name] a company incorporated in [England and Wales] under number [insert registered number] whose registered office is at [insert address] (Supplier); and 2 [insert name] a company incorporated in [England and Wales] under number [insert registered number] whose registered office is at [insert address] (MVNO) (each of the Supplier and the MVNO being a party and together the Supplier and the MVNO are the parties). Background (A) The Supplier is a mobile network operator in the Territory. (B) The MVNO is a mobile virtual network operator in the Territory. (C) The Supplier has agreed to provide wholesale mobile electronic communications services to the MVNO for resale [on a pre-pay basis OR on a post-pay basis OR on a pre-pay and post-pay basis] in the Territory in accordance with the terms and conditions of this Agreement. The parties agree: 1 Definitions and interpretation 1.1 In this Agreement: Account Manager • means the primary point of contact for each party as notified by each party to the other on or before the date of this Agreement (or in accordance with clause 20.3); Affiliate • means any entity that directly or indirectly Controls, is Controlled by, or is
CHECKLISTS
This Checklist covers some of the main provisions to be included in a mobile virtual network operator (MVNO) agreement under which a mobile network operator supplier will provide wholesale access services to an MVNO for resale to its own retail customers. It covers some of the main provisions that are specific to an agreement of this kind. See also the Precedent: MVNO agreement. In this Checklist, the following definitions are used: • Agreement—means the MVNO agreement between the MVNO and the Supplier for the provision of the Services • End-User—means a customer of the MVNO • IPR—means intellectual property rights • MVNO—means mobile virtual network operator, the customer in the Agreement • Services—means the wholesale network services being provided to the MVNO by the Supplier • Supplier—means the mobile network operator providing network services to the MVNO The third column can be used to record observations or comments as the Checklist is worked through. Checklist Further information Notes (if any) General terms and conditions ☐ Consider duration. Duration normally depends on the amount of bespoke development and investment
MW
GLOSSARY
Megawatt
MWe
GLOSSARY
Megawatt electrical: Unit of electrical power produced.
GLOSSARY
Megawatt thermal: Unit of thermal power produced.
NEWS
The Money and Pensions Service (MaPS) has announced that 96% of pension records covered by legislation will be connected to the pensions dashboards ecosystem by the 31 October 2026 deadline. Subsequent connections by providers and schemes with approved deferrals will bring coverage to 100%. Speaking at the Pensions UK Annual Conference on 14 October 2026, chief executive Oliver Morley urged industry to focus on readiness ahead of the expected launch of the MoneyHelper Pensions Dashboard in financial year 2027–28.