Carbon Reduction Commitment and co-investment structures
The Carbon Reduction Commitment Energy Efficiency Scheme (CRC) is now well under way but confusion still reigns over the application of many areas of the scheme, not least as to who, if anyone, should be responsible for funds, trusts and other structures.
The CRC rules were not written to take account of the complexities of real estate and other investment structures. Fund and trust structures have to be shoe-horned into the CRC rules which, at times, produces some perverse results. It is clear that practice on assessment of investment structures is not uniform. Also, the rules are going to change on how trusts are treated in Phase 2.
This briefing highlights how the CRC rules apply in certain situations and explains the changes expected in Phase 2 (starting on 1 April 2013) to the treatment of trusts…
If you are registered and logged in to the site, click on the link below to read the rest of the Nabarro briefing. If not, please register or sign in with your details below.
Click on the link above to download briefing.
News from Nabarro
News from The Lawyer
Briefings from Nabarro
When undertaking due diligence exercises in property purchases, a standard construction enquiry is usually raised of the seller to ask if there is a health and safety file.
This article focuses on the reforms affecting the generation of electricity, which is a regulated sector in the UK and the EU.
Analysis from The Lawyer
Nabarro senior partner and self-confessed “IT geek” Graham Stedman is heralding a major set of investments in technology ahead of the firm’s move to 125 London Wall this year.
Clients are more willing to bring claims against professional service providers but the risk to defendants is not as dramatic as it might seem