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Specialist Services section meaning

What does Specialist Services section mean?
A legacy label for the part of the (now withdrawn) SRA Handbook that set additional conduct and compliance requirements for solicitors and law firms in England and Wales when delivering niche activities alongside legal work, for example financial services and insurance distribution under FSMA 2000 exemptions, and property selling/estate agency-type services. It is a descriptive term, not one defined by statute or case law. Since the SRA Standards and Regulations replaced the Handbook (November 2019), the content formerly grouped in the Specialist Services section is found mainly in the SRA Financial Services (Scope) Rules, SRA Financial Services (Conduct of Business) Rules, SRA Authorisation rules and guidance, together with FSMA 2000 and the Insurance Distribution regime. In practice, a reference to the “Specialist Services section” in panel terms, contracts or compliance manuals should be read as pointing to the current rules governing when a firm may carry on regulated financial or ancillary services, the client information and conflicts safeguards that apply, and any permissions or exemptions needed (including the Part 20 Designated Professional Body regime). Usage is specific to England and Wales; Scotland, Northern Ireland and Ireland have their own regulatory frameworks and do not use this label.
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PRACTICE NOTES
Construction law and practice glossary—S: schedules, scope, set-off, step-in, section 106, Scheme for Construction Contracts, suspension

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Schedule of amendments A compiled list of changes to a standard form contract in which the parties record their agreed departures from the issued terms. Accordingly, it should be read alongside the underlying standard form. The parties should ensure any negotiated and agreed schedule of amendments is duly incorporated into the contract. Within NEC3/NEC4 suites, such alterations to the standard form are known as Z clauses. Refer to Practice Notes: Construction contract documents and Selection of standard form construction contracts, and to our relevant Precedent schedules under the Precedents tab in subtopics: JCT contracts 2024—overview, JCT contracts 2016, JCT contracts 2011, NEC contracts and Other standard form construction contracts. Schedule of rates/prices A schedule used in tendering when precise quantities are not established, or within a lump sum arrangement for pricing variations (often termed a Bill of Quantities). The tenderer...

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PRACTICE NOTES
Special managers in corporate and personal insolvency: role, powers, applications and appointments under the Insolvency Act 1986 and FSMA 2000

What is a special manager? Origin of the role of the special manager Prior to the Insolvency Act 1986 (IA 1986) taking effect, the official receiver (OR) could, under section 556 of the Companies Act 1985 (then in force), ask the court to appoint a special manager over a company’s undertaking or assets. The route was used where the OR believed that, owing to a distinctive aspect of the company’s operations or property, creditors’ interests would be best served by installing someone with particular know‑how to take charge of the business or property. IA 1986 widened the ambit of this appointment power considerably. An application may now be brought in both corporate and personal insolvencies. The court process was invoked to secure specialist control when necessary. Special managers under IA 1986 In essence, a special manager is a person with specialist abilities or expertise not ordinarily held by the office‑holder in the case. The court appoints them to support the office‑holder in dealing with the business...

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PRACTICE NOTES
CMA Chapter I/Article 101 decision on UK demolition/asbestos bid-rigging: fines, director disqualification undertakings, High Court leave rulings and CAT appeals (2019–2024)

CASE HUB NOTE—appeals lodged before the CAT in 1587/1/12/23 and 1588/1/12/23 ARCHIVED This archived case hub captures the position as at the decision of 23 March 2023; it is no longer maintained. For more, see the timeline and commentary. Case facts Outline of a CMA Article 101 TFEU/Chapter I investigation into suspected cartels in the market for the supply of demolition and asbestos removal services, involving bid rigging. Latest developments On 8 February 2024, the High Court refused an application by Mr Nicholas Brown to remain a director, notwithstanding his competition disqualification undertaking under section 9B of the Company Directors Disqualification Act 1986. Parties Brown and Mason Group Limited (Brown and Mason): one of Europe’s largest demolition, dismantling and asbestos removal companies. Cantillon Limited and its parent company, Cantillon Holdings Limited (together, Cantillon): one of the UK’s leading demolition and enabling works contractors. Clifford Devlin Limited (Clifford Devlin): a privately owned, family-run business providing specialist services to the construction...

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