- 14 Oct 2024
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- 2 min read
Legislation update: October 2024
Product Regulation and Metrology Bill
In our previous article about the King’s speech, we explored the proposed Product Regulation and Metrology Bill. The Bill has made progress and successfully passed its first reading in the House of Lords. The Bill’s second reading in the House of Lords is due to take place on 8 October 2024.
Procurement Act 2023
We previously covered the Public Procurement Act, which was set to come into effect soon. However, on 12 September 2024, the Cabinet Office announced a four-month delay. The new commencement date is 24 February 2025.
Digital Markets, Competition and Consumers Act
Finally we have also discussed previously the Digital Markets, Competition and Consumers Act, which received Royal Assent in May 2024. This Act aims to reform the UK’s consumer and competition laws. In a statement on 9 September 2024 the Minster for Employment Rights, Competition and Markets, Justin Madders, emphasised the importance of swift implementation while giving businesses and consumers clarity on the timeline. The Government has outlined the following schedule:
- Parts 1, 2 and 5: To commence in December 2024 or January 2025.
- Parts 3 and 4: Expected to commence in April 2025, although new savings schemes rules will not commence before April 2025 and certain other elements such as subscription contract reforms and alternative dispute resolution rules have been delayed until Spring 2026 at the earliest.
Disclaimer
This information is intended for general informational purposes only and does not constitute legal advice. We recommend seeking professional advice before taking any action on the information provided. If you would like to discuss your specific circumstances, please feel free to contact us on 0800 2800 421.
