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International Restructuring Newswire
Welcome to the Q2 2024 edition of the Norton Rose Fulbright International Restructuring Newswire.
Global | Publication | July 2018
We have previously reported on new minimum energy efficiency standards (MEES) when letting domestic and commercial premises in England and Wales.
Since April 1, 2018 a landlord cannot grant a lease or tenancy of a sub-standard property. A “sub-standard” property is a property that does not achieve an “E” Energy Efficiency Certificate (EPC) rating or higher. There are a number of exemptions, but a landlord can only rely on an exemption by registering it with supporting documentary evidence in a public Private Rented Sector (PRS) Exemptions Register.
The government has recently published guidance on available exemptions and PRS Exemptions Register evidence requirements. The exemptions covered by the guidance are
Most of the exemptions last for five years. After expiry, the landlord must try again to improve the property’s EPC rating but if this cannot be achieved, a further exemption may be registered.
Prospective landlords should note that
Publication
Welcome to the Q2 2024 edition of the Norton Rose Fulbright International Restructuring Newswire.
Publication
n a long-running dispute, taking in no less than three arbitrations spanning 26 years cumulatively (involving allegations of state interference in the arbitral process), the Court has provided useful guidance on the ss.67 and 68 challenges, particularly in the context of investor-state claims.
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