Example sentences of "or for the benefit of " in BNC.
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1 | In particular we find the cases of what are called ‘ uses ’ or trusts — transactions whereby a man legally transfers land to another , but with an understanding that the transferee will hold it for the benefit of the former , or for the benefit of those whom he will name in his will . |
2 | This aspect of communication is obviously what written language is supremely good at , whether for the benefit of the individual in remembering the private paraphernalia of daily life , or for the benefit of nations in establishing constitutions , laws and treaties with other nations . |
3 | In so far as the plaintiffs are seeking to recover from the third defendant money which he has obtained for his own benefit or for the benefit of companies which are , in effect , his alter ego , I can see that the third party would have an overwhelming argument that it can not be just and equitable to require him to contribute to whatever the third defendant is ordered to pay to the plaintiffs . |
4 | Secondly , unlike general insurance , the motivation behind many life-related policies is essentially a desire to save for the future , either for one 's own benefit or for the benefit of dependants . |
5 | Section 22(1) of the Theft Act 1968 stipulates : [ a ] person handles stolen goods if ( otherwise than in the course of the stealing ) knowing or believing them to be stolen goods he dishonestly receives the goods , or dishonestly undertakes or assists in their retention , removal , disposal or realisation by or for the benefit of another person , or if he arranges to do so . |
6 | The phrase " by or for the benefit of another person " applies to each preceding word denoting handling : Sloggett [ 1972 ] 1 QB 430 . |
7 | A Class 4 transaction is one where a company enters into a transaction with or for the benefit of a " Class 4 party " . |
8 | Broadly speaking , a fiduciary relationship will arise when one person undertakes to act on behalf of or for the benefit of another , often as an intermediary with a discretion or power that affects the interests of the other , and that other is in a position of vulnerability in relation to the fiduciary . |
9 | A consequence of this duty is that a fiduciary must make available to a [ customer ] all the information in his possession which is relevant to the [ customer 's ] affairs ; ( 4 ) The duty of confidentiality : a fiduciary must use information obtained in confidence from his [ customer ] , the beneficiary , for the benefit of the [ customer ] and must not use it for his own advantage or for the benefit of any other person . |
10 | In the case of settlements by virtue of which income is paid to or for the benefit of an infant unmarried child of a settlor , the definition is extended to include " transfers of assets " ( s670 ) . |
11 | Section 663 provides that where there is a settlement , and during the life of the settlor any income is paid to or for the benefit of a child of the settlor in any year of assessment , the income shall , if at the time of payment the child is unmarried and below the age of 18 , be treated as the settlor 's income and not the income of any other person . |
12 | Lord Morton of Henryton commenting on that example said that in each case it would be for the Commissioners to make a finding as to whether the income in question was or was not paid to or for the benefit of the child by virtue or in consequence of the settlement . |
13 | The first type deals with cases where monies may be assessed on the settlor if monies are paid to or for the benefit of a particular person . |
14 | For instance , under TA 1988 , s663(1) any income paid to or for the benefit of a child of the settlor may be assessed on the settlor . |
15 | If and so long as the terms of any settlement are such that any person has power to pay or apply income or capital to or for the benefit of the settlor or his spouse , all income arising under the settlement shall be treated for all the purposes of the Income Tax Acts as the income of the settlor for that year and not the income of any other person ( TA 1988 , s674 ; and see Blausten v IRC ( 1971 ) 47 TC 542 ( CA ) ) . |
16 | the income consists of annual payments made under a partnership agreement to or for the benefit of a former partner , or the widow or dependants of a deceased former partner , of the partnership , being payments made under a liability incurred for full consideration ; 2. the income is payable in connection with the acquisition of a partnership ; 3. the income arises under a settlement made by one party to a marriage by way of provision for the other after the dissolution or annulment of the marriage , or while they are separated under an Order of the Court or under a separation agreement or in such circumstances that the separation is likely to be permanent , being income payable to or applicable for the benefit of the other party ; 4. the income is from property of which the settlor has divested himself absolutely by the settlement ; 5. the income is income which under other provisions of the tax legislation is treated for the purposes of the Taxes Acts as that of the settlor . |