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Monthly Archives: February 2013

Liability For Defective Premises: Zennstrom Vs Fagot And Others

RELEVANT TO: Residential property owners and developers. SUMMARY: Pursuant to the Defective Premises Act 1972 (“DPA”) those who refurbish or rebuild residential property with the intention of re-selling owe a duty to a purchaser for defects in the property which make it unfit for habitation. In the case of Zennstrom v Fagot and Others [2013] […]

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Charitable Incorporated Organisations (CIO): Implementing Legislation Now If Force

The Charitable Incorporated Organisations (Insolvency and Dissolution) Regulations 2012 (SI 2012/3013); Charitable Incorporated Organisations (Consequential Amendments) Order 2012 (SI 2012/3014) and Charitable Incorporated Organisations (General) Regulations 2012 (SI 2012/3012) came into force on 2 January 2013. The Charitable Incorporated Organisation (CIO) is a new incorporated legal structure with separate legal personality and limited liability intended […]

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Limits On Employment Tribunal Awards Increase From 1st February 2013

Employment Tribunal compensation limits will increase on 1 February 2013 under the Employment Rights (Increase of Limits) Order 2012 (“the Order”). The maximum compensatory award for unfair dismissal will rise from £72,300 to £74,200 and the maximum amount of a week’s pay, used to calculate statutory redundancy pay, will rise from £430 to £450. In […]

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The New UK Financial Services Regulatory Structure

This note provides a brief overview of the new financial services regulatory structure in the UK which is due to come into force later this year. INTRODUCTION AND BACKGROUND On 1 April this year the Financial Services Authority (FSA) will cease to exist and in its place will be three new regulatory bodies, the Financial […]

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