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02 March 2009
Categories: Legal News , Tax , Commercial
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Legislation round-up

This update is provided by Current Awareness and News

CHART
In force Legislation Summary
23 Feb 2009 Stamp Duty and Stamp Duty Reserve Tax (Investment Exchanges and Clearing Houses) Regulations (No 2) 2009 (SI 2009/194)
Exempt from stamp duty and stamp duty reserve tax certain transfers of, or agreements to transfer traded securities made in the course of trading in those securities on the SmartPool Multilateral Trading Facility. The transfers and agreements exempted are those involving European Central Counterparty Limited (EuroCCP) , through whom transactions on the facility are cleared, or clearing participants in EuroCCP. Ensure that multiple charges to stamp duty or stamp duty reserve tax will not arise when shares are transferred between non clearing and clearing members of EuroCCP or when passing through EuroCCP itself.
2 Mar 2009 Occupational and Personal Pension Schemes (Levy Ceiling—Earnings Percentage Increase) Order 2009 (SI 2009/200)
Specifies the percentage by which it appears to the secretary of state that the general level of earnings in Great Britain has increased during the period from 1 August 2007 to 31 July 2008 for

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MOVERS & SHAKERS

mfg Solicitors—Hayley Pearce & Lauren Williams

mfg Solicitors—Hayley Pearce & Lauren Williams

Law firm mfg Solicitors announces promotions at Ludlow office

Womble Bond Dickinson—Richard Sharpe

Womble Bond Dickinson—Richard Sharpe

Womble Bond Dickinson appoints partner in Leeds residential team

Brabners—six promotions

Brabners—six promotions

Brabners adds six to partnership in record year for partner promotions

NEWS
The legal profession's AI challenge extends far beyond fabricated case citations, according to a warning about the next phase of technological risk
Law firms should use the transition period before the Financial Conduct Authority (FCA) assumes anti-money laundering (AML) supervision to strengthen governance and compliance, experts have warned
Cross-border disputes increasingly demand creative approaches to gathering evidence, with litigators needing to look beyond traditional letters of request
A Court of Appeal ruling has clarified the distinction between contracts of 'indefinite' and 'perpetual' duration, with potentially significant implications for commercial drafting
The Court of Appeal was entitled to uphold the government's decision to proscribe Palestine Action as a terrorist organisation, according to an analysis of the ruling
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