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NEWS
Local Government analysis: The UK’s Department of Health and Social Care (DHSC) has published on 19 January 2021, an updated guide to the initial ‘Code of Conduct for Data-Driven Health and Care Technologies’ (Guide). Alongside the Code, the Guide provides guidance to National Health Service (NHS) suppliers of what the NHS is looking for when it buys digital and data-driven technology for use in the health sector, so these principles can be built into the strategy and product development. This should make the procurement process more straightforward, as many of the criteria will already have been met. Dr Nathalie Moreno of Addleshaw Goddard LLP outlines the 12 principles of good practice (Principles) from the Guide.
Q&As
Under the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (MLR 2017), SI 2017/692 (as amended by the Money Laundering and Terrorist Financing (Amendment) (EU Exit) Regulations 2020 (MLR 2020), SI 2020/991 and the Money Laundering and Terrorist Financing (Amendment) Regulations 2022 (MLR 2022), SI 2022/137), all UK express trusts are required to be registered with
Q&As
The nature of joint and several liability As seen in Practice Note: Joint, several, and joint and several liability, joint and several liability arises where two or more persons under the same contract make a promise to the same person, and at the same time each of them individually makes the same promise to that same person. For instance, where B and C jointly promise to pay £100 to A, but both B and C also separately promise A that £100 will be paid to
Q&As
In answering this Q&A we have limited our research to cover the case where the company A enters compulsory liquidation (ie where a winding-up order is made against that company) and assume this Q&A is referring to A entering compulsory liquidation rather than simply being struck off/dissolved through inactivity or by an application made by the company’s directors under section 1003 of the Companies Act 2006. Effect of compulsory liquidation on corporate personality Under section 129(2) of the Insolvency Act 1986 (IA 1986), a company winding up by the court is deemed to have commenced at the date of the presentation of the winding-up petition. On liquidation following the making of the winding-up order, usually an insolvency practitioner is appointed while the assets of the company are realised for the benefit of creditors.
GLOSSARY
A method of returning excess cash to members by the creation and issue of a new class of shares (‘B shares’) to members in proportion to their existing holdings, followed by the payment of a dividend on those shares, the redemption or buyback of those shares for cash, or the shares being cancelled in a reduction. Depending on the exact method chosen, shareholders may be able to treat the gain as either income or capital. See also special dividends, share buyback and reduction of capital.
NEWS
The Bath & North East Somerset Council's (B&NES) Trading Standards service has successfully obtained a compensation order of £108,085 against a rogue builder, Martin Brain, following a proceeds of crime hearing on 6 October 2024. Brain, who had previously pleaded guilty to contravening professional diligence under the Consumer Protection from Unfair Trading Regulations 2008, must repay the sum within three months to four victims he had defrauded of £133,000. The Bristol Crown Court ruling stipulates that failure to comply will result in a 12-month prison sentence, with the obligation to repay persisting upon release. This action follows Brain's earlier nine-month suspended prison sentence and demonstrates the council's commitment to utilising legal powers to protect residents and recover ill-gotten gains from unscrupulous traders.
B2B
GLOSSARY
Business to business—contracts between two businesses.
GLOSSARY
Business to business — contracts between two businesses.
NEWS
Tax analysis: In SC Westside Unicat SRL, the Court of Justice held that a Romanian company operating a video recording studio that provided erotic webcam content to a US company was not caught by the special place of supply rule in Article 53 of the Directive 2006/112 (VAT Directive).
B2C
GLOSSARY
Business to consumer—contracts between a business and a consumer
GLOSSARY
Business to consumer — contracts between a business and a consumer.
B7
GLOSSARY
A signalling system, based on standards set by the CCITT (the former name of the world electronic communications standards-making body), for the transfer of messages between entities in electronic communications networks that enables the setting up, routing and clearing of calls and the transfer of other relevant information related to the operation of these networks. The B7 signalling system is used for the transfer of such messages between different networks as well as within individual networks.