The end of company parking lots in Brussels?

The new Brussels Air, Climate and Energy Code (the COBRACE) was published in the Belgian State Gazette on 21 May 2013.

One of the most debated changes introduced by the COBRACE is the restriction of the number of office parking spaces that a company can operate. The number of office parking spaces authorised through environmental permits will be limited to a maximum quota of allowable parking spaces determined for each accessibility area.

Companies will still have the option of keeping their excess parking spaces, but they will have to pay an environmental tax to do so…

If you are registered and logged in to the site, click on the link below to read the rest of the Allen & Overy briefing. If not, please register or sign in with your details below.

Briefings from Allen & Overy

  • ITC reaffirms its power to bar digital file transfers

    The ITC has reaffirmed its power to ban electronic transmissions from the US where those transmissions infringe an intellectual property right or are otherwise based on an unfair trade practice.

  • Changes to French takeover rules

    A new French law, the ‘Law to recapture the real economy’ (‘Loi visant à reconquérir l’économie réelle’ or ‘Loi Florange’), was made on 1 April 2014.

View more briefings from Allen & Overy

Analysis from The Lawyer

View more analysis from The Lawyer

Overview

One Bishops Square
London
E1 6AD
UK
http://www.allenovery.com

Turnover (£m): 1,189.00
No. of Lawyers: 2,304
No. of Lawyers (Asia Pacific): 357
Offices (Asia Pacific): 10

Jobs