Economy Legislation
Regulations governing economic policy, monetary matters, taxation, public spending, and market regulation.
The Greenhouse Gas Emissions Trading Scheme (Amendment) (No. 2) Order 2025
This Order implements significant changes to the UK Emissions Trading Scheme (UK ETS), primarily splitting the 2026-2030 allocation period into two separate periods: a one-year 2026 allocation period and a four-year 2027-2030 allocation period.
It establishes new processes for free allocation of emissions allowances, modifies eligibility criteria for ultra-small emitters, enhances registry transparency requirements, and expands information sharing powers for climate change policy development.
The Social Security (Contributions) (Amendment) Regulations 2025
These regulations modify the Social Security (Contributions) Regulations 2001.
They mandate that employers claiming zero-rate secondary Class 1 National Insurance contributions for employees working in designated freeports or investment zones must include the employee's workplace postcode (or an HMRC-provided alternative code) in their Full Payment Submission.
This aims to improve data collection and ensure compliance with existing legislation regarding tax relief in these specific zones.
The Merchant Shipping (Safety of Navigation) (Amendment) Regulations 2025 amend the 2020 regulations to implement aspects of the 1974 International Convention for the Safety of Life at Sea.
Key changes include altering requirements for navigational equipment on various ship types to align with international standards.
Specific exemptions were granted to certain classes of ships, and the fee schedule was updated accordingly.
The regulations improve safety at sea by harmonizing UK legislation with international requirements.
The Associated British Ports (Immingham Eastern Ro-Ro Terminal) Development Consent (Correction) Order 2025
The Associated British Ports (Immingham Eastern Ro-Ro Terminal) Development Consent (Correction) Order 2025 rectifies errors and omissions in the 2024 Development Consent Order.
Following requests from the applicant and an interested party, and in accordance with the Planning Act 2008, the Secretary of State made corrections detailed in a schedule.
The corrections encompass various articles and schedules of the original Order amending definitions, referencing, and documentation specifications.
The Leasehold and Freehold Reform Act 2024 (Commencement No. 3) Regulations 2025
These regulations, effective March 3, 2025, implement several sections of the Leasehold and Freehold Reform Act 2024 related to leaseholders' right to manage.
Specifically, they define non-residential limits on claims, detail cost allocation, ensure compliance with the 2002 Commonhold and Leasehold Reform Act, prohibit initial High Court applications for tribunal matters, and restrict the recovery of certain costs.
The aim is to clarify, simplify, and streamline the right-to-manage process for leaseholders.
The Greater Lincolnshire Combined County Authority Regulations 2025
The Greater Lincolnshire Combined County Authority Regulations 2025 establish a new combined county authority for Lincolnshire, North Lincolnshire, and North East Lincolnshire. The regulations create a directly elected mayoral position and grant significant powers over economic development, transport, housing, and planning.
The authority receives functions previously held by the Homes and Communities Agency, along with powers to establish development corporations, implement transport schemes, and coordinate strategic planning across the region.
The Lancashire Combined County Authority Regulations 2025
The Lancashire Combined County Authority Regulations 2025 establish a new combined county authority covering Lancashire, Blackpool, and Blackburn with Darwen.
The regulations grant the authority significant powers over transport, housing, regeneration, and economic development.
The authority will be governed by appointed council members with specific voting requirements for key decisions.
It receives powers to coordinate transport planning, deliver housing and regeneration projects, and conduct strategic economic assessments across the region.
The regulations also establish funding mechanisms and transitional arrangements for the new authority's operations.
The Devon and Torbay Combined County Authority Regulations 2025
The Devon and Torbay Combined County Authority Regulations 2025 establish a new combined authority covering Devon and Torbay, granting it significant powers over transport, housing, regeneration, and economic development.
The authority gains concurrent powers with existing councils in areas including highway management, public transport, and strategic planning, while becoming the primary authority for local transport planning.
The regulations ensure democratic accountability through a carefully structured voting system and require consent from constituent councils for key decisions, particularly those involving financial commitments or compulsory land acquisition.