Payment Practices Reporting Regulations
In April 2017, new regulations came into force which introduced reporting obligations around payment practices on large companies and LLPs in the UK in relation to certain types of business to business contracts. The Regulations apply to large (as determined by specific criteria) companies formed and registered under the Companies Act 2006, and LLPs registered under the Limited Liability Partnerships Act 2000. If you fall within this category, you will be required to publish certain information about your payment practices on a publicly accessible government website twice a year within 30 days of the end of each reporting period in your financial year from 6 April 2017. Read more.
The Automated and Electric Vehicles Bill has been introduced to Parliament as part of the government’s programme to put the UK at the forefront of the connected and autonomous vehicles revolution. It deals with liability and insurance issues in relation to CAVs. The default position is that insurers will be liable for damage caused by a self-driven vehicle where the vehicle is insured. If it is not insured, the owner of the vehicle will be liable. Liability may be reduced where the victim causes the damage or in the case of negligence. In addition, insurers may exclude or limit liability where an accident occurs as a result of the insured’s failure to update safety-critical software which they ought reasonably to have known was safety critical, or where they have made unauthorised software alterations.
The Bill also provides for regulations to be made in relation to facilities for charging automated and electric vehicles.
The government is also proposing to update legislation in order to allow the testing of autonomous vehicles on UK roads without a human safety operator, in keeping with its aims to get AVs on the road by 2021. Further funding to develop the AV market was announced or, in some cases, confirmed in the Autumn Budget.