Jurisdiction(s):
United Kingdom

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Key definition

Duration definition

What does Duration mean? In debt capital markets, investment and treasury practice, duration describes how long, on average, it takes to receive a bond’s cash flows and how sensitive the bond’s price is to interest rate (yield) changes. Macaulay duration is the weighted average time to all cash flows, discounted at the bond’s yield; a higher Macaulay duration means cash flows are further out and the price is more interest rate sensitive. Modified duration translates this into an estimate of the percentage price change for a 1% change in yield. For securities with embedded options, practitioners may use effective duration. Duration is...

Risk of Sexual Harm Orders: repeal, saving and transitional provisions to 8 March 2020; England & Wales (replaced by Sexual Risk Orders) and continuing in Northern Ireland [Archived]

Published by a LexisNexis Corporate Crime expert

Practice notes

ARCHIVED: This archived Practice Note is not being maintained. Repeal and transitional provisions

Risk of Sexual Harm Orders are now superseded by (a) sexual harm prevention orders (SHPOs) and (b) sexual risk orders (SROs). This follows the repeal of sections 123–129 of the Sexual Offences Act 2003 (SOA 2003) by the Anti-social Behaviour, Crime and Policing Act 2014 (ABCPA 2014). Refer to Practice Notes: Sexual harm prevention orders and Sexual risk orders.

Practitioners should be aware of the saving and transitional provisions: the repeal or alteration of SOA 2003, ss 123–129 (by ABCPA 2014) does not apply to:

any application for a risk of sexual harm order lodged before 8 March 2015
any extant order (whether granted before or after 8 March 2015) that was applied for prior to 8 March 2015, or
any step taken in relation to such an application or order

From 8 March 2015 (when ABCPA 2014, s 114 commenced), an existing risk of sexual harm order cannot be varied, nor can any order be made that prolongs its Duration or any of its terms...

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Web page updated on 21/05/2026

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