On 31 May 2010, the State Tax Administration of Ukraine ("STAU") issued Letter No. 10506/7/16-1517-16 on VAT credit for imports of equipment under operational leases.

Resolution No. 280 of the NBU Board dated 15.06.2010, "On approval of amendments to the regulations governing the operations of Ukrainian banks" ("Resolution 280").

On 29 June 2010, the Ukrainian Parliament passed the law "On Amending Certain Legislative Acts of Ukraine to Improve State Regulation in Housing Construction".

On 8 July 2010, the Ukrainian Parliament passed the law "On Amending the Legislative Acts of Ukraine, "On the State Budget for 2010"; and, "On Mandatory State Pension Security".

On 18 March 2010, the Ukrainian Pension Fund issued Letter No. 4460/03-20 on pension contributions for foreigners employed by representative offices of non-residents in Ukraine.

On 8 July 2010, the Ukrainian Parliament passed the law "On Single Mandatory State Social Security Contribution and its Accounting".

On 8 July 2010, the Ukrainian Parliament passed the law "On Amending Certain Legislative Acts of Ukraine with regard to the Development and Preparation of Hotel Infrastructure for the Final Part of the European Football Championship 2012 in Ukraine".

On 14 June 2010, STAU issued Letter No. 6817/5/17-0716 and No. 11557/7/17-0717 on taxation of non-residents.

On 14 April 2010, STAU issued Letter No. 7394/7/22-5017 on certificates of tax paid by non-residents to repatriate investments.

Under the Commercial Agents (Council Directive) Regulations 1993 (the ‘Regulations’), a commercial agent (as defined in the Regulations) is entitled to compensation (or, if so agreed in the agency contract, an indemnity) when the agency ends, save is specified circumstances.

Resolution No. 273 of the NBU Board dated 09.06.2010, "On amendments to certain regulatory acts of the National Bank of Ukraine" ("Resolution 273")

Resolution No. 327 of the NBU Board dated 13.07.2010, "On approval of the regulations enabling the NBU to grant stabilization loans to Ukrainian banks" ("Resolution 327").

HMRC has issued instructions for correct PAYE coding to come into effect from 6 April 2011 for taxing termination payments.

The Department for Work and Pensions has published the schedule of proposed benefit rates, to be in place from the week commencing 9 April 2012:

The REIT regime was launched in 2007, with the aim of creating a tax efficient vehicle in which to encourage investment into Real Estate.

On 21 May 2009 the Ukrainian parliament passed the law "On Amending Certain Ukrainian Laws with respect to Encouraging the Production and Use of Biofuel" (the "Law").

The annual Employment Rights (Increase of Limits) Order 2011 has been published.

The annual Employment Rights (Increase of Limits) Order 2011 has been published. The changes set out below will apply where the effective date of termination of employment falls on or after 1 February 2012:

In Extra MSA Services Cobham Ltd v Accor UK Economy Hotels Ltd [2011] EWHC 775 (CL) the claimant (a developer) made an application for a declaration of the High Court that the right to terminate an agreement for lease to construct a hotel (the defendant/tenant being a hotel chain) was not conditional on the proper performance by the claimant of its obligations under the agreement.

Such rights are not uncommonly provided for in various types of commercial contract, to address new products becoming available, changes in supply arrangements or the procurement process once the contract expires.