Prison and Courts Bill Postponed20-Apr-2017
It has been confirmed that the government will not press ahead with the legislation behind the Prison and Courts Bill in the lead up to the general election that was announced for 8th June.
Following Teresa May’s announcement this week, the leader of the House of Commons has confirmed that the proposed legislation will not be included before
parliament is dissolved in May given that the legislation has not yet passed through the bill committee.
Personal Injury Reforms
The news will be welcomed by claimant solicitors as it means that the expected date of the proposed reforms to the personal injury market, which would impose a rise in the small claims limit and a tariff system in whiplash claims, will not come into effect in October 2018 as previously estimated.
However, the announcement also means that there will be a postponement of the ban on defendants making pre-medical offers.
Until the results of the general election are announced, it is unclear when the proposed reforms to the personal injury market under the Prison and Courts Bill will be back on the government’s agenda.
The Criminal Finances Bill
The House of Commons announcement has also confirmed that the Criminal Finances Bill will go ahead as planned with lords amendments to the legislation taking place next week.
The Bill will bring new powers to the National Crime Agency (NCA) to request further information from financial institutions where there is a suspicious activity report (SAR).
The Criminal Finances Bill would also bid to tackle unexplained wealth through the seizure of criminal assets, alongside creating a criminal offence for a failure to prevent tax evasion.
Its overall aim is to crackdown on financial crime and money laundering with criminal investigation and financial agencies sharing data and information.
Forensic Accounting Services – 0113 387 5670
Our team provides the forensic accounting assistance in the quantum elements of a wide range of legal disputes.
To discuss a case with our team of experienced forensic accountants, call us on 0113 387 5670, email us at firstname.lastname@example.org or fill out an Enquiry Form and we will contact you directly.