Example sentences of "and [adv] for [art] purpose " in BNC.
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| 1 | Mr. Philipson , relying on the final paragraph of the notice itself quoted above , and upon a minute textual analysis of Mr. Barnes ' affidavit , submitted that it was plain that the real purpose of the Bank of England was to obtain the documents for the Federal Reserve Board , and not for the purpose of exercising its own supervisory function . |
| 2 | Payments made ex gratia or as compensation for loss of office by the vendor of the business will not usually be deductible by the vendor because they are made in connection with the discontinuance of the trade and not for the purpose of enabling the company to carry on its trade . |
| 3 | Note also that a person domiciled in the Channel Islands can benefit from owning the assets specified in s6(3) by virtue of s267(2) although the relief in s48(4) only applies for the purposes of s6(2) and not for the purpose of s6(3) . |
| 4 | Lord Oliver described the relationship in the following way : ‘ … the purpose for which the auditors ’ certificate is made and published is that of providing those entitled to receive the report with information to enable them to exercise in conjunction [ with others ] those powers which their respective proprietary interests confer on them and not for the purposes of individual speculation with a view to profit . ’ |
| 5 | As already noted , the twofold consequence is that B is regarded as the depositor for the purpose of receiving compensation and also for the purpose of the definition of protected deposit in section 60 . |
| 6 | to those of our partners and employees who are required in the course of ( and solely for the purpose of ) such assessment to receive and consider the information ( and we agree that any such disclosure is on the basis that such partners and employees are made aware of and accept the strict provisions of this undertaking ) ; and |
| 7 | to those of our partners and employees who are required in the course of ( and solely for the purpose of ) such assessment to receive and consider the information ( and we agree that any such disclosure is on the basis that such partners and employees are made aware of and accept the strict provisions of this undertaking ) ; and |
| 8 | Can this expense be offset against the director 's Schedule E assessment on the grounds that the guarantee had been given wholly , necessarily and exclusively for the purpose of the business ? |
| 9 | ( 2 ) The loans must be to defray expenditure incurred in acquiring ordinary share capital of a close company complying with s13A(2) as described above , or in lending to such a close company where the money loaned is used wholly and exclusively for the purpose of its business or the business of any of its associated companies provided the latter are also close companies satisfying the conditions of s13A(2). ( 3 ) When interest is paid on the manager 's loan , Newco must continue to comply with s13A(2) — this means it must continue to satisfy the relevant purpose test rather than that it should continue to remain a close company ; in the case of a purchase of shares in Target , the reason why Newco should be close after the institutions commit to invest is to ensure that institutions and management can invest at the same time and that , at that time , Newco is both close and satisfies the relevant purpose test , ie already controls Target ; management can not commit Newco to acquiring Target until the institutions have committed to funding Newco , and once they have so committed the institutions are likely to control Newco under s416 , so a structure is needed whereby management also controls Newco at this point . |
| 10 | Also , the legal costs had not been expended wholly and exclusively for the purposes of the profession . |
| 11 | Computer software licence fees should be deductible as trading expenses if of a revenue nature and incurred wholly and exclusively for the purposes of the trade . |
| 12 | Charges on income of a company which are not incurred wholly and exclusively for the purposes of its trade ( for example , interest payments by Newco while it is an investment company ) can not be carried forward against Newco 's profits once it becomes a trading company , so there is some significance in the timing of the hive-up from Target to Newco . |