Legal Precedents

1 Establishment of independent audit function The Money Laundering, Terrorist Financing and Transfer of Funds ( Information on the Payer) Regulations 2017 ( MLR 2017), SI 2017/692 oblige organisations within scope of the MLR 2017 to implement an independent audit function where appropriate, with due regard to the size and nature of their business. Considering the organisation’s size, operations and the findings of its money laundering, terrorist financing and proliferation financing risk assessment, [ insert, eg the board ] has formally resolved to institute and maintain an independent internal audit function for [ insert name of organisation ]. This document outlines the purpose, scope, activities, duties and responsibilities of the organisation’s independent audit function. 2 Governance and reporting lines 2.1 The independent audit function will be headed by [ insert name of head of audit function ], who will report directly to [ insert, eg the board ]....

The purpose of the claim form A claim form initiates proceedings. It sets out information relevant to the case, including: the court reference number to be used on all subsequent court documents; the parties to the proceedings; what is being claimed; particulars of the claim (including any claim for interest); and contact details for the claimant, typically the claimant’s solicitor. Guidance on the contents of a claim form in general is available in the Practice Note: Claim form—the contents. This Precedent includes suggested text for use where the claim concerns trade mark infringement and/or passing off. The form provides direction on the particular points that should be considered when completing a claim form for use in such proceedings. The attached N1 claim form is provided as an example only. We recommend that practitioners download the latest N1 claim form in PDF from the official source for...

1 Introduction 1.1 Despite concerted attempts to stamp it out, tax evasion continues to be a significant problem across global commerce. 1.2 Where it happens, it harms societies profoundly, channelling funds and resources away from those in greatest need and stalling economic and social progress. 1.3 As a UK organisation, we are impacted when criminal facilitation of tax evasion occurs anywhere within our business [ es ]. 1.4 We conduct our business [ es ] with integrity, acting honestly and ethically. Everyone must collaborate so that [ it OR they ] remain [ s ] free from any facilitation of tax evasion. 1.5 This policy is central to that commitment and is fully endorsed by the [ insert senior management body, eg Board ]. It explains the actions we must all take to stop the...

1 General information Report date [ Insert date]; last report [ Insert date]; Submitted by [ Insert name and role, e.g. nominated officer]. 2 Action points arising from last report Action point [ Action point] — Person responsible [ Identify person] — Status [ Status]. 3 Executive summary This report covers: business operations; our tax evasion facilitation prevention systems and controls; and key conclusions and recommendations. 4 Summary of business operations [ Outline business activities for the period, note any changes in services/products or client groups, and whether these affected prevention procedures.] 5 Evaluation of tax evasion facilitation prevention procedures [ Organisation name] maintains measures to prevent the facilitation of tax evasion, including: risk assessment; policies and procedures; channels to report concerns; and a staff training and awareness programme. 6 Conclusions [ Are policies and procedures adequate and proportionate, and have they been properly monitored and reviewed? Summarise any system control...

[ insert name of award holder ] [ insert address ] [ insert postcode ] [ insert date ] Dear [ insert name of award holder ], [ insert name of plan ] Long Term Incentive Plan: effect of recent rights issue on your LTIP award[s] 1 Introduction On [ insert date ], [ insert name of company ] (the Company) invited all of its shareholders to take up an offer to subscribe for additional Company shares. Under this rights issue, shareholders could apply for [ insert number ] new shares for every [ insert number ] shares they already owned. The subscription price was set at [ insert currency and amount ] per new share, representing an approximate discount of [ insert currency and amount ] to the market price on [ insert date ]. [ Further details about the rights issue are provided in the enclosed copy of the...

1 General information Review date: [ Insert date ] Person(s) overseeing the review: [ Insert name(s) ] 2 Data Criteria During the previous 12 months: Total internal notifications of suspected facilitation of tax evasion, if any: [ Insert number ] Total confirmed occurrences of facilitation of tax evasion: [ Insert number ] Total cases of confirmed or suspected facilitation of tax evasion reported to HMRC: [ Insert number ] 3 Review and findings Have you carried out a new risk assessment on the facilitation of tax evasion?......

date [ date ] Parties [ name of Seller, i.e. the mortgagee ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office situated at ] [ address ] ( Seller ) [ name of (first) Buyer ] [ and [ name of second Buyer ] both ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office situated at ] [ address ] ( [ together ] Buyer ) 1 Definitions In this Agreement, the following terms shall have these meanings: Actual Completion Date – the day on which the Transfer is actually finalised; Buyer’s Solicitors – [ name ] of [ address ] (reference: [ details ]); [ Charge[ s ] – the charge[ s ] shown at entry [ number ] [ and [ number ] ] in the charges register of title number [...

date [ date ] Parties [ name of Seller ], in administrative receivership [ and also in liquidation ], incorporated in England and Wales (company registration number [ number ]), whose registered office is at [ address ] ( Seller), acting through [ any one of ] its [ joint ] administrative receiver[s], [ name of (first) receiver ] ( Insolvency Practitioner) [ of [ address ] OR [ and [ name of joint administrator ] ( Insolvency Practitioner) [ both ] of [ address ] ] ] ( Receiver[s]) [ name of Buyer ] [ of OR incorporated in England and Wales (company registration number [ number ]) whose registered office is at ] [ address ] [ and whose address for service in England and Wales is [ address ] ] ( Buyer) 1...

date [ date ] Parties [ name of Seller ] (in liquidation), a company incorporated in England and Wales (company registration number [ number ]) with its registered office at [ address ] (the Seller), acting through [ any one of ] its [ joint ] liquidator[ s ], namely [ name of (first) liquidator ], Insolvency Practitioner [ of [ address ] OR [ and [ name of joint administrator ], Insolvency Practitioner, [ both ] of [ address ] ] ] (the Liquidator[ s ])... [ name of Buyer ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] [ and whose address for service in England and Wales is [ address ] ] (the Buyer)......

date [ date ] Parties [ name of Seller ] (being in [ liquidation OR administration OR ]) incorporated in England and Wales (company registration number [ number ]), whose registered office is at [ address ] (the Seller), acting by [ any one of ] the [ joint ] receiver[s] of the Property, namely [ name of (first) receiver ] [ of [ address ] OR [ and [ name of joint receiver ] ( Insolvency Practitioner) [ both ] of [ address ] ] ] (the Receiver[s]). [ name of Buyer ] [ of OR incorporated in England and Wales (company registration number [ number ]) whose registered office is at ] [ address ] [ and whose address for service in England and Wales is [ address ] ] (the Buyer). 1 Definitions In this Agreement, the following...

date [ date ] Parties [ name of Seller ] in administration, a company incorporated in England and Wales (company registration number [ number ]) with its registered office at [ address ] ( Seller), represented by [ any one of ] its [ joint ] administrator [ s ], [ name of (first) administrator ] ( Insolvency Practitioner) [ of [ address ] OR [ and [ name of joint administrator ] ( Insolvency Practitioner) [ both ] of [ address ] ] ] ( Administrator [ s ]) [ name of Buyer ] [ of OR a company incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] [ and whose address for service in England and Wales is [ address ] ] ( Buyer) 1...

1 Nominated officer details Organisation name: [ Insert name ] Name of nominated officer: [ Insert name ] Reports to: [ Insert name ] Full time/part time: ☐ Full-time ☐ Part-time Details of any additional positions within the organisation: [ Insert details ] Date appointed by the organisation: [ Insert date ] 2 Role summary Serve as the nominated officer, designated in line with the Money Laundering Regulations 2017 ( MLR 2017) for [ name of organisation ]. Receive and assess internal suspicious activity reports ( SARs), and judge whether they amount to knowledge or suspicion (or reasonable grounds for either) that someone is involved in money laundering, terrorist financing, or proliferation financing. Determine if a disclosure should be made to the National Crime Agency ( NCA), submit external SARs when required, and act as the...

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This Agreement is entered into on [ date ]. Parties [ Proprietor’s name ] of [ insert address ] (the Proprietor); and [ Publisher name ], a company registered in England and Wales with registration number [ insert company number ] and with its registered office at [ insert registered office ] (the Publisher)......

This Agreement bears the date [ insert date ] as below. Parties The parties are: [ insert name of assignor ] [ of OR a company incorporated in [ England and Wales ] with registration number [ insert registered number ], whose registered office is located at ] [ insert address ] ( Assignor); [ insert name of assignee ] [ of OR a company incorporated in [ England and Wales ] with registration number [ insert registered number ], whose registered office is located at ] [ insert address ] ( Assignee). Each of the Assignor and the Assignee is a party and, together, the Assignor and the Assignee are the parties herein. Background ( A) The Assignor is the [ registered proprietor AND/ OR applicant AND/ OR owner ] of specified Designs (as defined below). ( B) The Assignee is [ insert...

This Deed is dated [ insert date ] Parties [ insert name of assignor ] [ of OR a company incorporated in [ England and Wales ] under number [ insert registered number ] whose registered office is at ] [ insert address ] (the Assignor); and [ insert name of assignee ] [ of OR a company incorporated in [ England and Wales ] under number [ insert registered number ] whose registered office is at ] [ insert address ] (the Assignee). Each of the Assignor and the Assignee is a party, and together the Assignor and the Assignee are the parties. Background The Assignor is the [ registered proprietor AND/ OR applicant ] of certain Designs (as defined below). The Assignee is [ insert description of the Assignee’s background/background to assignment or relevant transaction ]. The Assignor agrees to transfer its rights in the Designs [ and the Design...

Precedent report This Precedent report serves to alert a client, or another area of the business, to anti‑counterfeiting issues and related matters. It may cover detentions by customs authorities pursuant to the simplified procedure set out in Assimilated Regulation ( EU) 608/2013, and detentions by the Chartered Institute of Trading Standards (‘ Trading Standards’) or the police, as well as other discoveries of counterfeit goods. Its aim is to simplify the process of obtaining instructions on whether any detained or discovered good is counterfeit. It is regularly employed to handle relatively low‑value, time‑sensitive detentions or discoveries in practice......

In respect of the Housing Grants, Construction and Regeneration Act 1996, and in respect of an adjudication before [ Name of Adjudicator ] between [ Name of party 1 ], the Referring Party, and [ Name of party 2 ], the Responding Party Referral notice Introduction In accordance with the Notice of Adjudication dated [ date ], this document serves as the Referring Party’s Referral Notice. This Referral Notice is issued with a Bundle that contains a timeline of events alongside pertinent documents: 2.1 chronology of relevant events at tab [ insert ] 2.2 [ insert ] at tab [ insert ] 2.3 [ insert ] at tab [ insert ] The Parties 3 The Referring Party is [ Full Name of...

Introduction The Criminal Finances Act 2017 ( CFA 2017), effective in the UK since 2017, establishes a corporate offence for failing to stop the criminal facilitation of tax evasion. Tax evasion means unlawfully not paying, or paying less than, the taxes due. It commonly occurs through non-declaration or false declaration of liabilities to the appropriate tax authority. Tax evasion is a criminal offence. Responsibility may arise for an individual, for example in respect of income tax or VAT, or for a corporate body, for instance regarding corporation tax. Enclosed, for your review and approval, is a [ n updated ] [ Group ] policy on preventing the facilitation of tax evasion. This policy, which covers all of our businesses, opens with a brief message from [ insert name of relevant individual ] underlining its significance and calling for the personal commitment of every member of staff to put it...

[ Insert organisation name ] is deeply proud of how we run our affairs. Our Code of ethics sets out the principles and rules by which we work. It covers everyone. Please ensure you read the Code, grasp its meaning and rely on it to steer your duties. If you have queries about the Code or how it applies, please contact [ insert contact details ]. [ Insert organisation name ] maintains absolute zero tolerance for the criminal facilitation of tax evasion......