This week on "Off The Cuff," Justin, Megan, Stephen, and Allie reconnect after a live episode in Orlando last month, and recap the closing session from the 2019 National Conference, which focused on questions that will shape the future of student aid.
Justin walks us through the recent repeal of the gainful employment regulations and what it means for institutions, while Megan gives an update on news stemming from institutions improperly reporting gifts and contracts from foreign sources.
Following our consultation on mandating biodiversity net gain in development last year, the Chancellor confirmed today in the Spring Statement that the government will use the forthcoming Environment Bill to mandate ‘biodiversity net gain’ – meaning the delivery of much-needed infrastructure and housing is not at the expense of vital biodiversity.
The reports should not be sent to HMRC Pension Schemes Services.
Environment Secretary Michael Gove said: Mandating biodiversity net gain will ensure wildlife thrives at the same time as addressing the need to build new homes.
Whether it’s through planting more trees or creating green corridors, developers will now be required to place the environment at the heart of new developments.
They must assess the type of habitat and its condition before submitting plans, and then demonstrate how they are improving biodiversity – such as through the creation of green corridors, planting more trees, or forming local nature spaces.
Green improvements on site would be encouraged, but in the rare circumstances where they are not possible, developers will need to pay a levy for habitat creation or improvement elsewhere.
The advantage to the scheme of using the mandating procedure is that the scheme administrator will know how much scheme sanction charge they will have to pay.