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New rules for MDEL holders: Health Canada’s terms and conditions authority
Amendments to the Medical Devices Regulations affecting the regulatory framework for medical device establishment licences (MDEL) are now in effect.
Global | Publication | September 2018
The government wants to tackle what it considers to be unfair practices in the residential leasehold market. In December 2017 it announced plans to ban the sale of new-build houses on a leasehold basis and to require ground rents in all new long residential leases to be set at a “peppercorn” - or zero financial value. (At the time of writing, we await draft legislation). But such measures would not help existing leaseholders with onerous lease terms and the government estimates that about 18 per cent of England’s housing stock is owned on a leasehold basis.
On September 20, 2018 the Law Commission proposed a series of reforms to plug that gap by making it easier for leaseholders of houses and flats to “enfranchise”: to buy their freehold or to extend their lease. The current enfranchisement regimes are seen as complex, expensive and as causing unnecessary conflict, costs and delay.
The proposals aim to
At the government’s request the Law Commission has also provided a series of options for calculating the premium to be paid, seeking to achieve a balance between reducing current premium levels and ensuring that sufficient compensation is paid to landlords to reflect their legitimate property interests. The options range from the adoption of a simple formula, such as a ground rent multiplier or a percentage of the capital value of the property, to options based on current valuation methodology. This issue may prove to be particularly controversial.
The proposals are open for consultation until November 20, 2018.
Publication
Amendments to the Medical Devices Regulations affecting the regulatory framework for medical device establishment licences (MDEL) are now in effect.
Publication
Early January is a good time to take stock of workplace law developments that arose in 2024, and how those developments may evolve in 2025.
Publication
As you prepare for your next AGM, stay up-to-date on key developments in Canadian corporate and securities legislation, corporate governance guidance and institutional shareholder proxy voting guidelines that may impact the management information circular for your 2025 annual shareholder meeting and your 2025 annual disclosure filings.
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