Jurisdiction(s):
United Kingdom

Related legal acts

Key definition

Portability definition

What does Portability mean? In finance practice, portability describes a negotiated carve‑out to a change of control covenant so that an ownership change of the issuer/borrower does not trigger the usual change of control put (for notes/high‑yield bonds) or mandatory prepayment/refinancing (for loans). The debt is effectively “portable” and remains in place, travelling with the business to its new owners. It is a market expression rather than a concept defined in legislation or case law; its effect depends entirely on the contract wording. Typical portability features include one or more conditions: pro forma leverage or other financial ratio tests; a minimum credit...

Data portability under the UK GDPR: scope, key definitions, time limits, exemptions and practical compliance guidance

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Practice notes

UK data protection law includes a right to data portability.

That entitlement enables people to receive from a controller a copy of their personal data in a structured, machine-readable form. Moreover, in certain situations, people can require the controller to transmit that data straight to a different controller. This Practice Note considers the right to data portability. It presumes some familiarity with UK data protection law. For an overview of UK data protection law, with guidance on core concepts and terminology, see the UK data protection law collection. Note that there are notable parallels between the United Kingdom General Data Protection Regulation, Assimilated Regulation (EU) 2016/679 (UK GDPR) and the EU’s General Data Protection Regulation, Regulation (EU) 2016/679 (EU GDPR) and this Practice Note concentrates on the position under the UK GDPR. For details on the background to the UK GDPR and how it relates to the EU GDPR, see Practice Note: The UK General Data Protection Regulation (UK GDPR)—Summary of key legislation. For information on the right to data portability as it operates under the EU GDPR, see Practice Note: EU GDPR—data portability. The right to data portability is intended to both in a range of contexts across sectors...

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Web page updated on 21/05/2026

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