Jurisdiction(s):
United Kingdom

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,...

United States online intermediary liability: CDA Section 230 immunity—scope, limits, Good Samaritan, FOSTA, exclusions, key cases, and practitioner guidance

Published by a LexisNexis TMT expert

Practice notes

This Practice Note was first prepared for Lexis Practice Advisor®, in the US. It outlines immunity under Section 230 of the US Communications Decency Act, explaining who is covered, what claims fall within scope, and how to avoid forfeiting that shield. Section 230 affords wide-ranging protection to internet service providers (ISPs) and online users against liabilities stemming from third-party speech. Anyone hosting a site or disseminating third-party material online, accessible in the US, should grasp how Section 230 functions. The Note starts with context on Congress’s efforts to police online obscenity and the liability framework that existed before Section 230. It then addresses core definitions and provisions, and the safeguards related to hosting, moderating, encouraging, and paying for third-party content. Finally, it sets out the boundaries of those safeguards, including whole areas of law excluded from Section 230 altogether.

Enactment of the Communications Decency Act of 1996

Congress passed the US Communications Decency Act of 1996 (CDA) to protect children from pornographic content on the internet. By that point, the Federal Communications Commission (FCC) had already put in place rules aimed at suppressing obscene material...

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Web page updated on 22/05/2026

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