Having adopted a new KPDTS in July 2018, the Ministry for Labor, Family, Social Matters and Equal Opportunities issued a decision on 9 October 2018, declaring that, for certain business activities, the term of the KPDTS had been extended.
Since the assets are being transferred, so are usually the customers datasets which are administrated in databases. The new European General Data Protection Regulation (GDPR) clarifies how customer data has to be handled during an asset deal. This problem doesn’t arise during a share deal since the databases stay in the same company.
Introduction For the purposes of property law, the term mines and minerals is defined in Section 132(1) of the Land Registration Act (“LRA”) 2002 and includes any strata or seam of minerals or substances in or under any land, and powers of working and getting any such minerals or substances. Therefore, in simple terms mineral rights are the rights to exploit, mine or produce minerals or other extractive resources below the surface of property. The person who owns those rights can sell or lease them separately from the property on the surface of the land.