Example sentences of "[noun] by the trustees " in BNC.
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| 1 | The Ombudsman can investigate : ( 1 ) complaints of injustice caused by maladministration by the trustees or managers of an occupational or personal pension scheme ( 2 ) disputes of fact or law with the trustees or managers . |
| 2 | " Capital sum " for these purposes has the same meaning as in s677. ( b ) Associated payments In relation to any capital sum paid to the settlor by a body corporate the expression " associated payment " means : ( i ) any capital sum paid to that body by the trustees of the settlement ; and ( ii ) any other sum paid or asset transferred to that body by those trustees which is not paid or transferred for full consideration in money or money 's worth being a sum paid or asset transferred in the five years ending or beginning with the date on which the capital sum is paid to the settlor ( s678(3) ) . |
| 3 | In the case of McCrone v IRC ( 1967 ) 44 TC 142 , it was held , in the special circumstances of the case , that the transfer to the settlor by the trustees of securities amounted to a loan within these provisions . |
| 4 | Under TA 1988 , s677(10) there shall be treated as a capital sum paid to the settlor by the trustees of the settlement any sum which is paid by them to a third party at the settlor 's direction or by virtue of the assignment by him of his right to receive it or is otherwise paid or applied by the trustees for the benefit of the settlor and which would not otherwise be treated as a capital sum paid to the settlor . |
| 5 | ( a ) Basic charging provision Where : ( i ) a capital sum is paid to the settlor in a year of assessment by any body corporate connected with the settlement in that year ; and ( ii ) an associated payment has been or is made directly or indirectly to that body corporate by the trustees of the settlement the capital sum shall be treated for the purposes of s677 as having been paid to the settlor by the trustees of the settlement . |
| 6 | ( c ) Connected company A company is connected with the settlement if it falls within TA 1988 , s681(5). ( d ) " Capital sum " The expression " capital sum " has the same meaning as that given in s677 and any question whether a capital sum has been paid to the settlor by a body corporate or to a body corporate by the trustees shall be determined in the same way as any question under that section whether a capital sum has been paid to the settlor by the trustees ( s678(5) ) . |
| 7 | Section 677 applies as if the capital sum had been paid to the settlor by the trustees of the settlement thus bringing the whole £100,000 worth of income , potentially , into charge to tax under s677 . |
| 8 | In the case of Chinn v Hochstrasser 54 TC 311 at 351 and 357 , the Court of Appeal held that an appointment by the trustees of a settlement under a special power did not contain an element of bounty since they were merely the agents of a settlor whose bounty had been exhausted on the creation of the settlement . |
| 9 | I am utterly unable to understand how the retention by the trustees in their own hands of a portion of the income which they receive in order to pay lawful claims upon the fund , and charges which probably the lady herself would have had to pay or get paid for her , if she were resident in New York , and which the trustees will have to account for fully , can change the " origin or parentage " of the residue of the income received , lodged with the bankers of the beneficiaries . |
| 10 | I am utterly unable to understand how the retention by the trustees in their own hands of a portion of the income which they receive in order to pay lawful claims upon the fund … can change the " origin or parentage " of the residue of the income received [ and ] lodged with the bankers of the beneficiary . |
| 11 | The courts applied the normal Brodie principles to ascertain therefore the nature of the payments by the trustees to the beneficiary . |
| 12 | Well we consider that er pensions er contributions are deferred pay , including the employers contributions erm that the fund should be held on trust by the trustees and that the employer should have no ownership in it whatsoever . |
| 13 | Section 682 provides that income arising under a settlement shall be deemed not to have been distributed if and to the extent that it exceeds the aggregate of : ( i ) the sums , excluding all payments of interest , paid in that year by the trustees of the settlement to any persons ( not being a body corporate connected with the settlement and not being the trustees of another settlement made by the settlor or the trustees of the settlement ) in such manner that they fall to be treated in that year , otherwise than by virtue of s677 above , as the income of those persons for the purposes of income tax , or would fall to be so treated if those persons were domiciled , resident and ordinarily resident in the United Kingdom and the sums had been paid to them there ; and ( ii ) subject to s682(2)– ( 5 ) ( rules for ascertaining undistributed income where interest is paid by trustees ) any expenses of the trustees of the settlement paid in that year which , in the absence of any express provision of the settlement , would be properly chargeable to income , in so far as such expenses are not included in the sums mentioned in para ( i ) above ; and ( iii ) in a case where the trustees of the settlement are trustees for charitable purposes , the amount by which any income arising under the settlement in that year in respect of which exemption from tax may be granted under s505 of TA 1988 exceeds the aggregate amount of any such sums or expenses as aforesaid paid in that year which are properly chargeable to that income . |
| 14 | It was an accumulation and discretionary trust but X ( the settlor ) could benefit in the event of the revocation of the settlement by the trustees under TA 1988 , s673 ( revocable settlements , reversion of property ) . |
| 15 | Where a capital sum ( as defined ) is paid directly or indirectly in any relevant year of assessment by the trustees of a settlement to the settlor then , to the extent that there is an amount of income available ( as defined ) in the settlement , the settlor can be taxed on that capital sum as if it were income . |
| 16 | The short press release announced the decision by the trustees to postpone the exhibition on the ground that potential loss of life in the Gulf made it insensitive to proceed . |