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,...

Psychoactive Substances Act 2016: Definitions, Offences, Exemptions, Sentencing, Civil Remedies and Investigatory Powers

Published by a LexisNexis Corporate Crime expert

Practice notes

Background

The UK has experienced rising Use and creation of compounds that imitate the effects of drugs controlled by the Misuse of Drugs ACT 1971 (MDA 1971). It is recognised that these materials are hard to pinpoint and are frequently altered, which makes oversight challenging and regulation difficult in practice. They also present a significant risk to public health. For a drug to be brought under control via MDA 1971, it must first undergo a formal period of assessment by the Advisory Council on the Misuse of Drugs, which will assess the potential physical and social harms a substance may cause. While temporary class drug orders were brought in to shorten the time needed to restrict emerging substances, the categorisation of new drugs under MDA 1971 still proves slow and costly, and requires parliamentary approval. As a result, the Psychoactive Substances Act 2016 (PSA 2016) sets out a general prohibition on psychoactive substances.

Definitions under the Psychoactive Substances Act 2016

For the purposes of PSA 2016, a ‘psychoactive substance’ is any substance that produces a psychoactive effect in a person and is not an exempted substance...

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Alex McHugh

Pump Court Chambers

Alex McHugh joined Pump Court Chambers following successful completion of his pupillage. His key areas of practice are criminal defence, family, and landlord & tenant disputes. Prior to joining Chambers, Alex worked as a paralegal for a number of years at a Legal 500 firm in London. Two of those years were spent in crime under the stewardship of extremely experienced senior partners. Alex helped manage cases from beginning to end and represented all manner of clients in respect of a full range of alleged offences. As counsel, Alex defends his clients throughout every stage of proceedings. Alex accepts private and, where applicable, publicly funded briefs on road traffic offences, and has experience in representing clients in relation to speeding, drinking driving, “totting up”, and causing injury by dangerous driving offences. Alex predominantly works across the Western Circuit, London, and the South East. ...

Web page updated on 22/05/2026

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