Example sentences of "or [adj] for the benefit " in BNC.
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1 | The aim was to make use of all available resources whether labelled public or private for the benefit of the patient who wanted treatment . |
2 | Under s665(2) , a settlement shall not be deemed to be revocable by reason only : ( a ) that it contains a provision under which any income or assets will or may become payable to or applicable for the benefit of the settlor , or the wife or husband of the settlor , on the bankruptcy of the settlor 's child or in the event of an assignment of or charge on that income or those assets being executed by the settlor 's child ; or ( b ) that it provides for the determination of the settlement by the act or on the default of any person in such a manner that the determination will not , during the lifetime of the settlor 's child , benefit the settlor or the wife or husband of the settlor ; or ( c ) in the case of a settlement to which section 33 of the Trustee Act 1925 applies , that it directs income to be held for the benefit of the settlor 's child on protective trusts , unless the trust period is a period less than the life of the child or the settlement specifies some event on the happening of which the child would , if the income were payable during the trust period to him absolutely during that period , be deprived of the right to receive all or part of the income . |
3 | Taxes Act 1988 , s683 provides that where income under a settlement is payable to or applicable for the benefit of any person other than the settlor then unless the situation comes within one of the following five situations ( listed in TA 1988 , s683(1) ) the income shall for the purposes of " excess liability " be treated as the income of the settlor and not as the income of any other person for tax purposes . |
4 | 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 . |
5 | For the purposes of 4 above the settlor shall not be deemed to have divested himself absolutely of any property if that property or any income therefrom or any property directly or indirectly representing the proceeds of or the income from that property or any income therefrom is or will , or may , become payable to or applicable for the benefit of the settlor or the wife or husband of the settlor in any circumstances whatsoever ( TA 1988 , s685(1) ) . |