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APC WG > Legislation / Guidance > Flashcards

Legislation / Guidance Flashcards

1
Q

The Bribery Act 2010

A

The Act covers the different types of bribery, the different levels of punishment, and the procedures that organisations can put in place to prevent people associated with them from bribing.

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2
Q

The RICS Professional Standard on Conflicts of Interest

A

This explains how we should not advise a client where doing so would involve a conflict of interest or the risk of a conflict of interest, unless prior informed consent has been provided.

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3
Q

Data Protection Act 2018 & General Data Protection Regulation (GDPR) 2016

A

The Data Protection Act 2018 is the implementation of GDPR, which controls how personal information is used by organisations and businesses, and highlights the data protection principles that must be followed when using or storing personal data.

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4
Q

Equality Act 2010

A

The equality Act 2010 legally protects people from discrimination in the workplace and in wider society. It covers different types of discrimination and what action can be taken.

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5
Q

Building Act 1984

A

The act sets out the various rules and regulations surrounding the construction and maintenance of buildings, and helps to ensure that the safety and wellbeing of occupants is protected.

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6
Q

Water Industry Act 1991

A

The act sets out the main powers and duties of the water and sewerage companies. It covers the industries duty to provide drinking water that is safe and of a quality acceptable to consumers, and the rights the industry has to carry out the necessary works to do this.

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7
Q

Health & Safety at Work Act 1974

A

The Health & Safety Act 1974 places a duty on employers to ensure that that health, safety and wellbeing of employees and other affected persons is not at risk, so far as is reasonably practicable.

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8
Q

What are the 3 Stages of Anti Money Laundering

A

1 - Placement
2 - Layering
3 - Integration or Extraction

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9
Q

RICS Surveying Safely 2018

A

Provides an overview of best practice for surveyors relating to health & safety.

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10
Q

What is Mediation

A

A form of dispute resolution which includes an informal process involving a 3rd party mediator allowing both parties to a adopt a flexible approach in reaching an outcome allowing relationships to be maintained. The mediator has no legal authority and the process is not binding.

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11
Q

What is conciliation?

A

Similar to mediation in a supported style of negotiation, but if negotiations break down, the conciliator prepares a recommendation on how the dispute should be resolved. If there is no objection within a month, this becomes final and binding.

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12
Q

What is Dispute Resolution

A

the process of settling disagreements between parties

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13
Q

What is the RICS Red Book / Valuation Global Standards 2022

A

The RICS Valuation – Global Standards, the red book, provides a global framework of standardized valuation procedures and standards that are necessary for installing consistency, high standards and public trust in valuation.

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14
Q

What is an easement?

A

a right that a party has over the property of another.

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15
Q

What is a wayleave

A

an agreement between a grantor and a grantee to obtain rights over equipment and infrastructure.

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16
Q

What is the difference between an easement and a wayleave?

A

a wayleave is granted to a person who owns the land and is terminable, and that an easement relates to the land and is permanent.

17
Q

What is a s.168 notice?

A

Gives the right to access to undertake site investigation and surveying works.

18
Q

What is a s.6 notice?

A

Requests confirmation of land ownership and occupation details

19
Q

What is a s.159 notice?

A

Gives the right to access to carry out intrusive works

24 hours = emergency works
7 days = routine maintenance works
21 days = requisition works
42 days = alter, repair or replace
3 months = new pipe

20
Q

What is the No Scheme Principle

A

The no-scheme principle is to be applied when assessing the value of land in order to work out how much compensation should be paid by the acquiring authority for the compulsory acquisition of the land. This value should not reflect blight or enhancement.

21
Q

What is the Pointe Gourde Principle?

A

compensation for the compulsory acquisition of land cannot include an increase in value which is entirely due to the scheme underlying the acquisition

22
Q

What is a CPO?

A

a process which allows certain bodies ( ‘acquiring authorities’) to buy land or acquire third party rights to it without the consent of the owner.

22
Q

What is a Book of Reference?

A

A B.O.R sets out relevant land & Land interests, which are to be affected by a CPO.

23
Q

RICS Real Estate Management 3rd Edition October 2016

A
24
Q

What is an FBT?

A

A Farm Business Tenancy is an agreement between a landlord who owns agricultural land and a tenant who, by paying rent, exclusively occupies that land for the purpose of operating a farming business.

25
Q

What is a licence?

A

a personal right to use land and cannot be transferred.

26
Q

What is a lease?

A

A lease is an interest in land and is transferable

27
Q

What is the hedge and ditch rule?

A

the property boundary is presumed to be on the opposite edge of the ditch from the hedge. If the hedge appears to belong to you within the legal title, it is presumed that you will also own the ditch on the other side.

28
Q

What is QGIS

A

A geographic information system used for creating, editing and analysing geospatial information.

29
Q

What is GIS?

A

Stands for Geographic information systems, and is a system that creates, manages, analyses and maps all types of data.

30
Q

RICS Code of Measuring Practise

A

Provides precise definitions to permit accurate measurements of buildings and land, the calculation of the sizes, and the description or specification of the land and buildings on a common and consistent basis.

31
Q

Landlord and Tenant Act 1954

A

Governs the rights and obligations of landlords and tenants of premises which are occupied for business purposes.

32
Q

What is a Deed of Surrender?

A

A deed of surrender is used when a tenant wants to end their tenancy agreement early and vacate the property.

APC WG (14 decks)

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