Example sentences of "[noun] sum pay [prep] the " in BNC.
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| 1 | Under TA 1988 , s677(10) there shall be treated as a capital sum paid to the settlor by the trustees of the settlement any sum which is paid by them to a third party at the settlor 's direction or by virtue of the assignment by him of his right to receive it or is otherwise paid or applied by the trustees for the benefit of the settlor and which would not otherwise be treated as a capital sum paid to the settlor . |
| 2 | Under TA 1988 , s677(10) there shall be treated as a capital sum paid to the settlor by the trustees of the settlement any sum which is paid by them to a third party at the settlor 's direction or by virtue of the assignment by him of his right to receive it or is otherwise paid or applied by the trustees for the benefit of the settlor and which would not otherwise be treated as a capital sum paid to the settlor . |
| 3 | There are provisions dealing with the repayment of loans paid to the settlor. ( a ) Loans paid off Where the capital sum paid to the settlor is a sum paid by way of loan and the whole of that loan is repaid , no part of that sum shall be treated as the settlor 's income for any year of assessment after that in which the repayment occurs ( TA 1988 , s677(4) ( a ) ) . |
| 4 | ( b ) Repeated loans Where the capital sum paid to the settlor is a sum paid by way of loan , then if one or more capital sums have previously been paid to the settlor by way of loan and wholly repaid , the amount of that capital sum shall be treated as equal to its excess ( if any ) over so much of the sum or sums previously paid as had already fallen to be treated as his income by virtue of s677(1) ( TA 1988 , s677(4) ( b ) ) . |
| 5 | ( c ) Repayment of loans from settlors Where the capital sum paid to the settlor is a sum paid by way of complete repayment of a loan , then , if an amount not less than the sum is thereafter lent by the settlor to the trustees of the settlement , no part of that sum shall by virtue of TA 1988 , s677(1) be treated as his income for any year of assessment after that in which the further loan is made ( TA 1988 , s677(5) ) . |
| 6 | " Capital sum " for these purposes has the same meaning as in s677. ( b ) Associated payments In relation to any capital sum paid to the settlor by a body corporate the expression " associated payment " means : ( i ) any capital sum paid to that body by the trustees of the settlement ; and ( ii ) any other sum paid or asset transferred to that body by those trustees which is not paid or transferred for full consideration in money or money 's worth being a sum paid or asset transferred in the five years ending or beginning with the date on which the capital sum is paid to the settlor ( s678(3) ) . |