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,...

Senedd Cymru: structure, elections (2026 reforms), Welsh Government functions, law-making procedure, committees, consent conventions and Brexit impacts under the reserved powers model

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Practice notes

This PrACTice Note offers an overview of Senedd Cymru, the Welsh Parliament (widely referred to as the Senedd). It explains how its Members are chosen and how it exercises its legislative powers. Formerly called the National Assembly for Wales, the institution was renamed on 6 May 2020. Assembly Members were retitled Members of the Senedd (MSs), and Acts of the National Assembly for Wales were redesignated as Acts of Senedd Cymru. For further background, see News Analysis: Senedd Cymru—Why has the National Assembly for Wales changed its name?

Which voting system is used in Senedd elections?

Until 2026, elections to the Assembly, and then the Senedd, used the additional Member system. This approach combined two methods of voting. First, voters selected a constituency representative using the First Past the Post method. They also cast a second, proportional vote for candidates from regional lists. In combination, these votes returned all 60 Members—initially of the Assembly, and later the Senedd. This system was replaced by the Senedd Cymru (Members and Elections) Act 2024, with the revised arrangements operating for the first time at the 2026 Senedd election. These arrangements applied throughout previous cycles before the legislation introduced change in 2024. Wales is...

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Web page updated on 21/05/2026

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