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Legislation round-up

09 April 2009
Categories: Legislation
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Legislation news update

In force
Partly on 30 September 2008; Fully on 1 October 2008

Legislation
Value Added Tax (Finance) (No 2) Order 2008 (SI 2008/2547)

Summary
Revokes the Value Added Tax (Finance) Order 2008 (SI 2008/1892) (the Finance Order), which varies Group 5 of the Value Added Tax Act 1994, Sch 9 to modify and clarify the scope of the Group in its application to the management of special investment funds. The Finance Order was to have come into force on 1 October 2008. The remainder of this Order came into force on 1 October 2008 and varies Group 5 of Sch 9 to the Act to modify and clarify the scope of the Group in its application to the management of special investment funds. The Principal VAT Directive requires member states to exempt from VAT the management of special investment funds as defined by the member state in question.

In force
27 October 2008

Legislation
Child Support Information Regulations 2008 (2008/2551)

Summary
Provide for the furnishing of information or evidence required by the Child Maintenance and Enforcement Commission

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MOVERS & SHAKERS

Freeths—Ruth Clare

Freeths—Ruth Clare

National real estate team bolstered by partner hire in Manchester

Farrer & Co—Claire Gordon

Farrer & Co—Claire Gordon

Partner appointed head of family team

mfg Solicitors—Neil Harrison

mfg Solicitors—Neil Harrison

Firm strengthens agriculture and rural affairs team with partner return

NEWS
Conveyancing lawyers have enjoyed a rapid win after campaigning against UK Finance’s decision to charge for access to the Mortgage Lenders’ Handbook
The Crown Prosecution Service (CPS) has launched a recruitment drive for talented early career and more senior barristers and solicitors
Regulators differed in the clarity and consistency of their post-Mazur advice and guidance, according to an interim report by the Legal Services Board (LSB)
The Solicitors Act 1974 may still underpin legal regulation, but its age is increasingly showing. Writing in NLJ this week, Victoria Morrison-Hughes of the Association of Costs Lawyers argues that the Act is ‘out of step with modern consumer law’ and actively deters fairness
A Competition Appeal Tribunal (CAT) ruling has reopened debate on the availability of ‘user damages’ in competition claims. Writing in NLJ this week, Edward Nyman of Hausfeld explains how the CAT allowed Dr Liza Lovdahl Gormsen’s alternative damages case against Meta to proceed, rejecting arguments that such damages are barred in competition law
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