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United Kingdom
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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,...

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Dangerous offender sentencing in England and Wales: extended determinate sentences, serious terrorism sentences, mandatory life for second listed offences, and the significant risk test

Practice notes
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This PrACTice Note outlines the procedural framework for sentencing offenders in England and Wales (the Sentencing Code) effective from 1 December 2020, comprising Parts 2–13 of the Sentencing Act 2020 (SA 2020). It also captures the revisions introduced by Part 7 of the Police, Crime, Sentencing and Courts Act 2022 (PCSCA 2022). PCSCA 2022, Pt 7 operates to extend the period that must be served before release on Licence for certain violent or sexual offences. For those assessing whether the Sentencing Code governs their matter, see Practice Note: Sentencing Code...

Abolition of IPPs and EPPs

Previously, the Criminal Justice Act 2003 (CJA 2003) provided for imprisonment for public protection (IPPs) and detention for public protection, alongside extended sentences for specified violent and sexual offences (EPPs). These sentencing options were abolished by the Legal aid, Sentencing and Punishment of Offenders Act 2012 (LASPO 2012). Under the current framework for dangerous offenders, the court may impose:

  • extended determinate sentences (EDSs), and
  • mandatory custody for life or life sentences (including for second listed offences)

See further Practice Note: Custodial sentences available for adult offenders...

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Web page updated on 21/05/2026

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