The much trailed proposed changes to Category 6 (on-lending) were in the end not as extensive as anticipated: RPs can on-lend to group members fundamentally, as before, except if the lending is index linked. The whole Category 6 excludes subsidiaries of RPs with unregistered parents.
Category 8 has been varied so the exemption for charges to local authorities to enable the purchase, construction, conversion or refurbishment of unoccupied social housing does not apply when the funding is a loan from a local authority. This means that specific consent would be needed if an RP is borrowing money from a local authority for the purpose outlined above. This may well be an issue for RPs who currently obtain funding from local authorities.
For more information please contact Emma Hardman on 0121 214 3617 or at emma.hardman@anthonycollins.com.
A party seeking to restrict another's commercial activities must consider whether such terms are normal in similar, factual and contractual circumstances.
This ebriefing considers the Government’s proposals for challenges, as set out in Chapter 7 of the Green Paper entitled 'Fast and fair challenges'.
We’re delighted to announce that we have been ranked in the top five national legal advisers in the Top 3000 Charities 2021 directory.
The Law Commission published its report on Technical Issues in Charity Law in September 2017 following a public consultation.
Changing charitable purposes and amending governing documents.
One of the stated aims of the Green Paper is “to deliver the best commercial outcomes with the least burden on the public sector".
The proposals concerning dynamic purchasing systems (DPS) and framework agreements are the most disappointing aspect of the Green Paper.
Family team partner, Elizabeth Wyatt, is delighted to congratulate Kadie Bennett for attaining Resolution Specialist Accreditation in both children law - private and complex financial remedy matters.
To receive invitations to our events, as well as information and articles on legal issues and sector developments that are of interest to you, please sign up to Newsroom.