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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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Northern Ireland Assembly and Executive: elections, formation, powers, committees and legislative procedure

Practice notes
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This PrACTice Note outlines the Northern Ireland Assembly, explaining how its representatives are chosen and how it legislates. The wider landscape of decision-making in Northern Ireland—highlighting distinctive aspects of devolution shaped by recent history—is addressed separately in Practice Note: The process of decision making in Northern Ireland...

Which voting system is used in Northern Ireland Assembly elections?

Each parliamentary constituency in Northern Ireland returns five Members of the Legislative Assembly (MLAs) using the Single Transferable Vote system. In proportion to the population it serves, the Assembly is comparatively larger than the devolved legislatures in other parts of the United Kingdom. The Assembly cannot enact laws to alter its own size unless cross-community approval is achieved...

The Assembly operates on a fixed term under section 31(1) of the Northern Ireland Act 1998, with separate provision for extraordinary Assembly elections in section 32 of the same Act...

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Brice Dickson
Prof Brice Dickson

I have worked as a legal academic for most of my career, becoming a professor in 1991, but I have also taken time out to work at board level for public bodies such as the Equal Opportunities Commission for Northern Ireland, the Northern Ireland Human Rights Commission, the Northern Ireland Policing Board and the Independent Commission for Reconciliation and Information Recovery. I have also been active in NGOs such as the Committee on the Administration of Justice in Northern Ireland and Amnesty International. I have published several books on law in Northern Ireland, human rights law and other legal issues (e.g. the concept of fairness). I retired from full-time academic work in 2017 but have remained research active since then in my capacity as Professor Emeritus at Queen’s University Belfast....

Web page updated on 21/05/2026

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