Publication
UK Carbon Border Adjustment Mechanism: how will it work?
In February, we reported on the Department of Energy Security and Net Zero’s confirmation that a UK Carbon Border Adjustment Mechanism (CBAM) would be bought into force by 2027
Global | Publication | July 2016
The New South Wales Government has announced that the reforms to strata law will come into effect from November 30, 2016.
The reforms are a culmination of public consultation over the past 5 years and comprise approximately 90 key amendments to existing strata law. These reforms have manifested themselves in the Strata Schemes (Management) Act 2015 (NSW) and the Strata Schemes (Development) Act 2015 (NSW).
We have previously prepared two articles setting out a high level review of these reforms which can be found at:
We set out in this article a brief overview of some of the likely impacts these amendments will have on Owners Corporations and property rights for lot owners.
Although November 30, 2016 is the key date, enforcement of the building defects bond scheme (including mandatory defect inspection reports and lodgement of building bonds) has been delayed until July 1, 2017. As new Australian Standards for inspections of group title buildings will be finalised by then, the NSW Government has decided to provide industry and other stakeholders with additional time to adequately prepare.
Given current estimates by the NSW State Government that 50 per cent of the NSW population will either be living or working in strata properties, understanding these reforms is crucial for both developers and investors to capitalise on opportunities both now and in the future.
Publication
In February, we reported on the Department of Energy Security and Net Zero’s confirmation that a UK Carbon Border Adjustment Mechanism (CBAM) would be bought into force by 2027
Publication
International financial markets have started to show significant interest in nature and biodiversity. Whilst climate change and greenhouse gas emissions have made the headlines in recent years, there has been much less focus on their equally important counterparts, nature and biodiversity. However, that has started to change.
Publication
In April 2024, the UK Government published details of its sustainable aviation fuel mandate (the UK SAF Mandate) and launched a consultation on proposals for a revenue certainty mechanism to support UK sustainable aviation fuel (SAF) production.
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