Example sentences of "[noun sg] 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 | 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 . |
3 | Before he died my father set up a trust to endow the Sherman Field Museum of Natural History in Washington . |
4 | In a profit sharing scheme ( s 186 , ICTA 1988 ) , the company sets up a trust to buy shares on behalf of employees . |
5 | 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 . |
6 | 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 . |
7 | Commendo is not clearly intended as a disposition at law , and the texts are clear on its inadequacy to set up a trust . |