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Relevant commencement date meaning

What does Relevant commencement date mean?
In pensions practice, the relevant commencement date is the date from which, for UK pensions tax purposes, an individual is treated as starting to build benefits in a particular registered pension arrangement. It is a defined concept in UK pensions tax legislation and is used by HMRC and schemes when determining tax relief, allowances and reporting. - Defined benefit, cash balance, and hybrid arrangements offering only cash balance or defined benefits: the date on which rights under the arrangement first begin to accrue to or in respect of the member. - Money purchase arrangements (other than cash balance): the first date on which a contribution within Finance Act 2004, s 233(1) is paid. - Other hybrid arrangements: the earlier of the accrual date above and the first s 233(1) contribution date. The definition applies consistently across England & Wales, Scotland and Northern Ireland under the Finance Act 2004. In Ireland, the expression is not a standard statutory term in pensions tax law and is generally used descriptively; check scheme rules and Revenue guidance for the relevant start date of accrual or contributions. The date is practically significant for identifying when benefits start to build, setting tax calculation periods, and applying transitional or protection rules.
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NEWS
Redman v Zurich (QBD, England and Wales): Third Parties (Rights Against Insurers) Act 2010 not retrospective; liability on injury; asbestos claims remain under 1930 Act; recovery and injury-date issues

Original news Redman (suing as widow and administratrix of the estate of Redman, deceased) v Zurich Insurance plc and another [2017] EWHC 1919 (QB), [2017] All ER (D) 07 (Aug) The Queen’s Bench Division struck out a widow’s claim brought under TP(RAI)A 2010 against the first defendant, the insurer of the second defendant employer of her husband, who died in 2013. The court held that the second defendant became a “relevant person” for the purposes of s 1 when it was voluntarily wound up in 2014, predating the commencement of TP(RAI)A 2010 on 1 August 2016. It also concluded that the second defendant incurred the liability, within the same section, when the cause of action was complete, which likewise occurred before 2016. As the claim failed to satisfy either condition in s 1, the transitional provisions in Schedule 3 required proceedings to be brought under the Third Parties (Rights Against Insurers) Act 1930 (TP(RAI)A 1930). Consequently, there were no reasonable grounds for issuing the claim under the later statute,...

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NEWS
EIS commencement of trade requires operational infrastructure: UK FTT rejects contract-only approach in Putney Power v HMRC

Putney Power Ltd and another v HMRC [2024] UKFTT 870 (TC) The two companies were established by an investment manager to build and run power plants with capital raised through the EIS. Each company allotted shares on 4 April 2016 and sought from HMRC the issue of EIS compliance certificates. In 2020, HMRC determined that EIS relief was not available. The decisions rested on the conclusion that neither entity had commenced trading by the statutory deadline under the EIS rules, namely 4 April 2018. For the first appellant (Putney), construction of its plant started in September 2017; however, due to the contractor’s delays, the facility did not become operational until August 2018. Ahead of the EIS deadline, Putney had entered into two electricity supply agreements, both expressed to take effect once the plant went live. The sole question before the FTT was whether the companies had in fact started trading by the relevant EIS date. Accordingly, entitlement to relief ultimately turned solely on that point and its timing under...

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NEWS
UK Public Law weekly update: Procurement Act 2023 delay to February 2025; Judicial Review Guide 2024; EUSS guidance; sanctions; Uber €290m GDPR fine; algorithms Bill; Supreme Court Rules overhaul.

In this issue: Public procurement Constitutional and administrative law Judicial review Information law Brexit highlights Brexit SIs Post-Brexit transition guidance Equality and human rights State accountability and liability Subsidy control and state aid Other Public Law updates Daily and weekly news alerts New and updated content Dates for your diary Trackers Useful information Public procurement Procurement Act 2023 commencement date pushed back to February 2025 The UK Parliament has published an official written statement from the Parliamentary Secretary for the Cabinet Office, Georgia Gould, setting out proposals for a brief postponement to the planned start of the Procurement Act 2023, which had been scheduled for October 2024. Gould has confirmed that the government will introduce regulations to move the commencement date to 24 February 2025. She also remarked that the previous administration’s National Procurement Policy Statement (NPPS) failed to meet the challenge of realising the full potential...

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PRACTICE NOTES
Archived: 2026 employment law—legislation in force and commencement tracker

This tracker captures legislation taking effect in 2026, arranged in chronological order. Updates are published on a month-by-month basis throughout the year, and links to relevant news reports are included where appropriate. For legislation commencing later in 2026, see Practice Note: Legislation tracker—Employment. For measures in force prior to 2026, refer to these Practice Notes: Archived—2025 Legislation tracker—Employment Archived—2024 Legislation tracker—Employment Archived—2023 Legislation tracker—Employment Archived—2022 Employment horizon scanner—dates for your diary Legislation in force—January 2026 Commencement date (unless otherwise indicated) Legislative change 6 January 2026 Exclusivity clauses—protections for low-income and zero hours workers Section 8 of the Employment Rights Act 2025 (ERA 2025) widens the current protections to apply to all zero hours arrangements, whether contractual or not, and covers any restriction on taking work elsewhere. Any such term is void and unenforceable...

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PRACTICE NOTES
Starting ICC Arbitration under the 2021 Rules: Pre‑arbitration Steps, Emergency Relief, Expedited Procedure, and the Request for Arbitration—content, filing, fees, seat/law/language, transmission and amendment

This Practice Note sets out how to initiate arbitration under the 2021 International Chamber of Commerce (ICC) Rules of Arbitration (ICC Rules). The ICC Rules govern any ICC arbitrations begun on or after 1 January 2021, unless the parties expressly agree that an earlier version will apply. For an overview of the 2021 ICC Rules, see Practice Note: ICC (2021)—introduction to the ICC and arbitration under the ICC Rules. For guidance on the 2017 and 2012 ICC Rules, see: ICC arbitration—overview. Prior to commencing an arbitration pursuant to the ICC Rules When a dispute arises, it is crucial for parties and their advisers to check the dispute resolution clause in the relevant contract. If it provides for arbitration under the ICC Rules, at the outset the parties should consider, among other points: any limitation period (whether contractual or statutory) by which the arbitration must be commenced. For more detail under English and Welsh law, see Practice Note: Limitation periods in arbitration (England & Wales) ...

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PRACTICE NOTES
EU 2014 Competition Law Damages Directive: Private Enforcement Overview: Harm Presumption, Pass-on, Disclosure, Limitation, Joint Liability, and UK Implementation [Archived]

ARCHIVED – This archived practice note sets out information on the EU Damages Directive and captures the position as at its commencement on 27 December 2014. It is not maintained or updated. After nearly a decade of debate, the European Parliament and the Council of Ministers endorsed a new EU directive on private damages actions for breaches of competition law (the Directive). The Directive received formal adoption on 26 November 2014, following sign-off by the Parliament and Council, and appeared in the Official Journal on 5 December 2014; it took effect on 27 December 2014, with Member States afforded two years from that date to transpose its measures into domestic law. The Directive is intended to guarantee that anyone suffering loss caused by an infringement of competition law can effectively pursue full compensation. Its overarching purpose is to tackle obstacles to the effective enforcement of competition rules in the majority of Member States and to set minimum standards and common approaches within the relevant procedural...

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PRECEDENTS
Customer‑favourable bespoke software development and licensing agreement with IP assignment, source code delivery, acceptance testing, delay payments, warranties and indemnities (England and Wales)

This Agreement is entered into on [ insert date ] (the Commencement Date) by and between: Parties [ insert supplier name ], a company incorporated in England and Wales, whose registered number is [ insert company number ] and whose registered office is at [ insert registered office ] (Supplier); and [ insert customer name ], a company incorporated in England and Wales, whose registered number is [ insert company number ] and whose registered office is at [ insert registered office ] (Customer). Each of the Supplier and the Customer is a party, and together the Supplier and the Customer are the parties. Background The Supplier is [ an experienced software developer and ] [ insert the Supplier’s background details and the background to the relevant transaction ]. The Customer is [ insert the Customer’s background details ]. Subject to this Agreement, the Supplier shall develop software for the Customer and will licence (or arrange...

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PRECEDENTS
Intra‑group Intellectual Property Licence Precedent (England and Wales): comprehensive terms, optional clauses and schedules for copyright, patents, trade marks, designs, domain names, databases and know‑how

This Licence is entered into on [ insert date ] (the Commencement Date): Parties [ insert licensor name ], a company incorporated in [ England and Wales ] under number [ insert company number ], whose registered office is at [ insert address ] (the Licensor); and [ insert licensee name ], a company incorporated in [ England and Wales ] under number [ insert company number ], whose registered office is at [ insert address ] (the Licensee), (each of the Licensor and the Licensee being a party and, together, the Licensor and the Licensee are the parties). Background (A) [ Explain the relationship between the Licensor and the Licensee. ] (B) [ The Licensor has entered into an agreement with the Licensee [ dated [ insert date ] ] (the Main Agreement) for [ insert other description of relevant transaction (referencing any relevant related agreements) ] (‘ Transaction ’). ] (C) The Licensor has agreed to...

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PRECEDENTS
Precedent mobile app development agreement (customer‑favourable): IP assignment, source code delivery, App Store compliance, acceptance testing and delay liquidated damages (England and Wales)

This Agreement is entered into on [ insert date ] (the Commencement Date) between the following: Parties [ insert supplier name ], a company incorporated in England and Wales with registered number [ insert company number ] and whose registered office is at [ insert registered office ] (the Supplier); and [ insert customer name ], a company incorporated in England and Wales with registered number [ insert company number ] and whose registered office is at [ insert registered office ] (the Customer), each of the Supplier and the Customer being a party, and together the Supplier and the Customer being the parties. Background (A) The Supplier is [ an experienced developer of mobile applications and ] [ insert the Supplier’s background details and the background to the relevant transaction ]. (B) The Customer is [ insert the Customer’s background details ]. (C) The Supplier intends to develop the Mobile App (as defined below), and the Customer...

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