Example sentences of "[noun] set up [art] trust " in BNC.
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| 1 | So the question , where a wording which was not accepted by tradition was used , was always whether it was intended by the testator to give rise to a relationship at law ; and the words were examined for an intention to set up a trust . |
| 2 | It seems necessary to conclude that in his view the words set up no trust . |
| 3 | The costs involved are agreed at the sum of eight hundred and eighty one pounds and twenty five pence to set up the trust and an annual cost of three thousand two hundred and thirty one pounds twenty five pence . |
| 4 | In trusts , wording was by no means unimportant , yet its significance was not in satisfying formal requirements but in attesting the intention of the settlor to set up a trust . |
| 5 | If a UK person , ie someone resident or ordinarily resident and domiciled in the United Kingdom sets up a trust which it administered abroad with two non-resident trustees and one resident trustee TCGA 1992 , s87 would not apply because that requires that the trustees are at no time resident or ordinarily resident in the United Kingdom and one of the trustees is so resident ( see also TA 1988 , s220(2) ) . |
| 6 | Before he died my father set up a trust to endow the Sherman Field Museum of Natural History in Washington . |
| 7 | Mrs Kelsall set up a trust fund from the profits . |
| 8 | In a profit sharing scheme ( s 186 , ICTA 1988 ) , the company sets up a trust to buy shares on behalf of employees . |
| 9 | Under an employee share ownership plan or ESOP ( ss 67 to 74 , Finance Act 1989 ) , the company sets up a trust to buy shares for distribution to employees . |
| 10 | However , there is no exclusion from the application of Part XV similar to that contained in TA 1988 , s741 , ie it applies whether or not the taxpayer set up the trust to avoid tax and whether or not the transaction was a bona fide commercial transaction . |
| 11 | Commendo is not clearly intended as a disposition at law , and the texts are clear on its inadequacy to set up a trust . |