Jurisdiction(s):
United Kingdom

Related legal acts

Key definition

ACT definition

What does ACT mean? In corporate and banking practice, ACT usually refers to the Association of Corporate Treasurers, the UK-based professional body for corporate treasury professionals, rather than a statutory “Act”. It is not defined in legislation or case law; the acronym is market terminology used in transaction documents and governance materials. The Association of Corporate Treasurers promotes professional standards in liquidity management, funding, cash and risk management, foreign exchange and derivatives. It publishes guidance and a code of ethics and awards recognised qualifications (including AMCT and FCT). In legal contexts, references to “ACT-qualified” personnel or to ACT good practice may appear in treasury policies,...

Corporate law essentials for UK practitioners: entities, incorporation, directors’ duties, governance, meetings, share capital, partnerships, private/public M&A, ECM, private equity, compliance and key resources

Published by a LexisNexis Corporate expert

Practice notes

This Practice Note serves as a primer on corporate and Company Law (together ‘Corporate’) for trainee solicitors and anyone newly entering the Corporate practice area. It concentrates on foundational ideas and directs you to Lexis+ resources for more detail on each subject. You can also use the Overviews within each subtopic, which summarise the law on specific issues or stages of Corporate transactions and include links to relevant material within that subtopic to aid navigation. When viewing subtopics in Corporate ‘Topics & Tasks’, you will find these Overviews alongside further practice area content. If this introductory guide does not address a point, browse additional materials via the Topics tab or the Topics dropdown menu. To read about the team of experienced lawyers and expert authors who contribute to the Corporate module, see the Corporate experts page.

Companies and other forms of business vehicle

Choosing an appropriate business vehicle requires consideration of a range of legal, tax and commercial factors, weighing their respective advantages and disadvantages. For more detail on the most common forms of business vehicles, and other...

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Web page updated on 21/05/2026

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