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Similar situations may arise in relation to intra-group supplies of goods of services, or transfers of a business (where the associated transfer of employees may also be a matter of record).In this kind of situation, the following general approach should be considered: – the relevant arrangements can be documented in the appropriate form, such as a loan agreement or business transfer agreement.Documents are most commonly executed as simple contracts.A contract is made binding on the date that both parties intend that it is to come into effect, which is typically evidenced by both parties signing the agreement.Towards the end of a contract, parties may come together to discuss an extension to the current contract or entering into a new contract.Sometimes, however, a contract may expire without the parties realising and without any express statements made as to what will govern future dealings between the parties.There is no requirement for the signature to be witnessed.Simple contracts have a statutory "limitation period" of six years.

This applies if the pay rise was effective from anytime between the start of the 8 week relevant period for Statutory Maternity Pay () and the end of the statutory maternity leave.Deeds can also be advantageous even when they are not strictly required by law.In the commercial world there exist myriad fixed term goods and services contracts.No life insurance company nor any of its agents shall knowingly make, issue, or deliver in this state any policy or contract of life insurance which purports to be issued or to take effect as of a date more than three months before the application therefor was made, if thereby the premium on such policy or contract is reduced below the premium which would be payable thereon, as determined by the nearest birthday of the insured at the time when such application was made.In determining the date when an application was made, under this section the date of execution of the application or the date of medical examination, where such examination is required, whichever is later, shall govern.

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