
Publication
How the new Building Canada Act works
On June 26, Bill C-5, the One Canadian Economy Act, received royal assent. The One Canadian Economy Act introduces two pieces of legislation aimed at bolstering economic development in Canada.
United Kingdom | Publication | March 2024
The Finance Bill 2024 had its second and third readings in the House of Lords on February 21, 2024. No amendments were made during these remaining Lords stages and the Bill received Royal Assent on February 22, 2024, becoming the Finance Act 2024.
The Act sets out the legal framework for the abolition of the lifetime allowance and its replacement by two new lump sum allowances.
Pensions administrators now have very little time in which to adjust their systems, processes and member communications to take account of the changes. There is concern that, despite the significant burden of introducing the new regime, it could yet be reversed depending on the outcome of the General Elections.
However, the regulations removing the lifetime allowance have now been made and come into force on April 6, 2024. They include:
HMRC guidance on the removal of the LTA was last updated on March 15, 2024, and can be found here.
Publication
On June 26, Bill C-5, the One Canadian Economy Act, received royal assent. The One Canadian Economy Act introduces two pieces of legislation aimed at bolstering economic development in Canada.
Publication
In this edition we report on the Law Commission’s interim statement on 1954 Act reform following its two November consultations. We then examine the facts, judgments and implications of 3 recent cases: Emily Colville comments on the progress of a case determining whether or not a roof top garden should be considered a “storey” for the purposes of the Building Safety Act 2022.
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