47 Unfettered access to UK internal market for Northern Ireland goods
United Kingdom Internal Market Act 2020 (2020 c 27) | Legislation

Unfettered access

47  Unfettered access to UK internal market for Northern Ireland goods

(1)     On or after IP completion day, an appropriate authority must not exercise any function in a way that would—

(a)     result in an existing kind of NI-GB check, control or administrative process being used—

(i)     for the first time, or

(ii)     for a new purpose or to a new extent; or

(b)     result in a new kind of NI-GB check, control or administrative process—

(i)     being introduced, or

(ii)     being used.

(2)     This section does not prevent the exercise of a function if the exercise—

(a)     is necessary for the administration of arrangements which have the purpose of facilitating access for qualifying Northern Ireland goods to the internal market in the United Kingdom,

(b)     is necessary to secure compliance with, or to give effect to, any international obligation or arrangement to which the United Kingdom is a party (whenever the United Kingdom becomes a party to it),

(c)     is necessary where goods have been declared for a voluntary customs procedure,

(d)     is necessary for the purposes of VAT or excise duty in consequence of the Northern Ireland Protocol,

(e)     is necessary for

Powered by Lexis+®
 

Popular documents

LEXISNEXIS

Schemes of arrangement—procedure

Schemes of arrangement—procedureProduced with input from Rebecca Cousin of Slaughter and May on market practice.This Practice Note looks at the detailed procedures to be followed to implement the acquisition by a buyer (offeror) of all the shares, or one or more classes of shares, in a company

LEXISNEXIS

Community order requirements

Community order requirementsThis Practice Note reflects the procedural code for sentencing offenders in England and Wales (Sentencing Code) that applies from 1 December 2020, as set out in Parts 2–13 of the Sentencing Act 2020 (SA 2020). For those considering whether the Sentencing Code applies to

LEXISNEXIS

False imprisonment

False imprisonmentLiabilityFalse imprisonment consists of the complete deprivation of liberty without a lawful basis. Claims will in practice be made against a public body that exercises detention powers, usually a local police force, the Secretary of State for the Home Department or the Secretary

LEXISNEXIS

Debt for equity swaps

Debt for equity swapsA popular restructuring method is a debt for equity swap; financial creditors receive equity in the restructured vehicle in return for reducing or cancelling their debt claims against the company (and the rest of the group).Many highly levered deals have thin equity cushions and