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PRECEDENTS
Lease provisions and clauses Better Buildings Partnership The Better Buildings Partnership (BBP) has developed model form green lease clauses covering definitions, co-operation obligations, building management groups, social impact, sustainable use, data sharing and metering, smart buildings, extending the landlord’s rights to do works, restricting the landlords right to do certain works which would negatively impact environmental performance, changes to the tenant’s freedom to make alterations, Energy Performance Certificates (EPCs), reinstatement of tenant’s alterations, rent review, circular economy principles for landlord and tenant works, standards, renewable energy and dispute resolution. See BBP: Better Buildings Partnership—Green lease toolkit and Practice Note: Green leases—BPP toolkit—the model green lease clauses. The BBP green lease toolkit contains clauses on: • definitions • co-operation provisions—setting out  the shared aim of the parties to improve the environmental performance and social impact of the premises and the building and their agreement to cooperate to achieve this • building management groups—providing for the parties to communicate about the adequacy of data sharing regarding environmental performance, travel plans, and social impact, and to discuss issues related to environmental sustainability and social impact • social impact—providing for the
PRECEDENTS
Model instructions for cancellation 1 Right to cancel 1.1 You have the right to cancel this contract within 14 days without giving any reason. 1.2 The cancellation period will expire after 14 days from the day [of the conclusion of the contract OR on which you acquire, or a third party other than the carrier and indicated by you acquires, physical possession of the goods OR on which you acquire, or a third party other than the carrier and indicated by you acquires, physical possession of the last good OR on which you acquire, or a third party other than the carrier and indicated by you acquires, physical possession of the last lot or piece OR on which you acquire, or a third party other than the carrier and indicated by you acquires, physical possession of the first good]. 1.3 To exercise the right to cancel, you must inform us [insert trader’s name, geographical address and, where available, telephone number, fax number and email
NEWS
Law360: UK households face a £31,500 average pension shortfall compared with the amount needed for a moderate standard of living in retirement, according to a report by Hargreaves Lansdown published on 21 January 2025.
GLOSSARY
A substance which slows neutrons down in a ?thermal? reactor to enable fission to take place. The term “thermal” refers to the energy of the neutrons after moderation (slowing). See Kinetic Energy for a little more explanation.
PRACTICE NOTES
Background The term ‘MMC’ The Ministry of Housing, Communities & Local Government's specialist sub-group has developed a definition for Modern Methods of Construction (MMC). The definition framework identifies the following seven MMC categories: • Category 1—Pre-Manufacturing—3D primary structural systems • Category 2—Pre-Manufacturing—2D primary structural systems • Category 3—Pre-Manufacturing—Non systemised structural components • Category 4—Pre-Manufacturing—Additive Manufacturing • Category 5—Pre-Manufacturing—Non-structural assemblies and sub-assemblies • Category 6—Traditional building product led site labour reduction/productivity improvements • Category 7—Site process led labour reduction/productivity improvements The intention is for this framework to regularise and refine the term MMC by defining the broad spectrum of innovative construction techniques being applied in the market. Further details can be found here. For practitioners it is useful to find out if your project incorporates MMC elements and identify to what extent this impacts the build. This is particularly relevant in respect of key risk matters in contracts such as structuring payment, dealing with title or insolvency risk, programme, design responsibility, tackling climate change, and in dealing with issues such as materials short supply or fire safety. Construction
PRECEDENTS
These Precedent green clauses are for insertion into construction contracts to adapt sustainable practices and net zero aligned provisions from the Chancery Lane Project (TCLP)’s construction clauses for use in MMC contracts. These
GLOSSARY
The blanket name for the quantitative analysis of assets based upon their expected return, expected risk (standard deviation) and their correlations. According to MPT, investors should only invest in portfolios (constituting of the previously analysed assets) which generate the highest return at any given level of risk.
PRACTICE NOTES
The Modern Slavery Act 2015 (MSA 2015) received Royal Assent on 26 March 2015. Section 54 requires certain firms to produce and publish a modern slavery and human trafficking statement for each financial year of the organisation. The government has published guidance, which has been updated on 24 March 2025 (the Guidance). The 2025 updates to the Guidance represents the first complete replacement of the Guidance since its original publication in October 2015, superseding previous partial updates. The Guidance makes it clear that organisations should seek to publish their statement as soon as reasonably practicable after the end of their financial year, ideally no later than six months after the organisation’s financial year end. Therefore a firm with a financial year end of 31 March of a certain year is effectively required to have published a statement by 30 September of that same year. Organisations may wish to publish these statements at the same time as they publish other annual accounts. Aside from the regulatory requirements, organisations should anticipate commercial pressure from a wide variety of stakeholders
PRECEDENTS
1 General information Date of review [Insert date] Person(s) conducting review [Insert name] 2 Data Criteria In the last [insert period eg quarter] Over the last 12 months Total number of internal reports of suspected modern slavery or human trafficking, if any. [Insert number] [Insert number] Total number of internal reports of actual modern slavery or human trafficking, if any. [Insert number] [Insert number] Total number of supplier reports of suspected modern slavery or human trafficking, if any. [Insert number] [Insert number] Total number of supplier reports of actual modern slavery or human trafficking, if any. [Insert number] [Insert number] Total number of supplier audits carried out. [Insert number] [Insert number] Number of suppliers needing remedial action as a result of audit. [Insert number] [Insert number] [Insert any other relevant data] [Insert any other relevant data] [Insert any other relevant data] [Insert any other relevant data] [Insert any other relevant data] [Insert any other relevant data] 3 Review and findings Do any individual reports or incidents relating to modern slavery and human trafficking need to be reviewed further? ☐ YesIf yes, please give further information and ensure you set an appropriate action point below. ☐ No Is your anti-slavery policy up to date and fit for purpose? ☐ Yes☐ NoIf
PRECEDENTS
Company name: [Insert company name] Name and position of person(s) completing risk assessment: [Insert name and position] Date of risk assessment: [Insert date] 1 Introduction 1.1 In order to determine the level of risk of modern slavery and human trafficking in our organisation, we have performed an assessment of the features of our business and supply chains that are particularly vulnerable to these types of practice, namely: 1.1.1 sector risks; 1.1.2 suppliers; 1.1.3 using recruitment agents; 1.1.4 recruitment generally; 1.1.5 [performance and output targets; 1.1.6 geographical risks; 1.1.7 transactional risks; and 1.1.8 [insert any other relevant risks you have identified].] 1.2 [We were assisted by[name of external consultants] in carrying out the assessment.] 1.3 [As part of the assessment we engaged with the following stakeholders through [insert brief details of method(s) of stakeholder engagement used, if any]: 1.3.1 [insert details of first internal and external stakeholders engaged with during the assessment] 1.3.2 [insert details of next internal and external stakeholders engaged with during the assessment].] 1.4 This document sets out our assessment of the modern slavery risks in our organisation and some of the key steps we are taking to mitigate these risks. 2 Sector risks 2.1 We operate in the following sectors: 2.1.1 [insert details of the first sector
PRECEDENTS
1 Supplier details Company name: [Insert company name] Vendor/reference number: [Insert vendor/reference number] Person completing risk assessment [Insert name] Date of risk assessment [Insert date]   2 Country of supplier We have assessed the modern slavery and human trafficking risk that may arise from the geographical areas in which the supplier does business as follows: Category of risk Risk weighting Answer Score Weighted score On Freedom House ‘not free’ list [Insert percentage, eg 15%] [Insert answer, eg Supplier is based in Indonesia which is not on the ‘not free’ list] [Insert