Body Corporate - Law Dictionary Search Results
Home Dictionary Name: body corporate Page: 2Corporation Property Duty
Corporation Property Duty. A 5 per cent. duty on income in lieu of death duties is imposed on cor-porations and bodies not incorporated, including fellowships, trustees etc., by the (English) Customs and Inland Revenue Act, 1885 (48 & 49 Vict. c. 51), ss. 11-20. The exceptions include property of the Crown, Local Authorities, religious, charitable, educational bodies, friendly societies, and the capital of a body corporate or incorporate established for any trade or business, or of a body whose capital stock is so divided as to be liable to be charged for legacy or succession duties....
Thames
Thames. See (English) Thames Conservancy Act, 1894 (57 & 58 Vict. c. clxxxvii.); defined in s. 3 as meaning and including:-So much of the rivers Thames and Isis respectively as are between the town of Cricklade and an imaginary straight line drawn from the entrance to Gantlet creek in the county of Kent to the City stone opposite to Canve Island in the county of Essex and so much of the river Kennet as is between the Common landing-place at Reading in the county of Berks and the river Thames and so much of the river Lee and Bow creek respectively as are below the south boundary stones in the Lee Conservancy Act, 1868, mentioned and all locks, cuts, and works within the said portions of rivers and creeks:Provided that no dock, lock, canal, or cut, existing at the passing of this Act and constructed under the authority of Parliament and belonging to any body corporate established under such authority, and no bridge over the river Thames or the river Kennet belonging to or vested in any c...
London, Port of
London, Port of. The administration is provided for by the Port of London (Consolidation) Act, 1920 (10 & 11 Geo. 5, c. clxxiii.); s. 6 enacts:-(1) There shall be a chairman and vice-chairman and other members of the Port Authority elected and appointed in manner provided by this Act for the purpose of administering, preserving and improving the Port of London and otherwise for the purposes of this Act, and the several persons who now constitute and shall, from time to time constitute the Port Authority, shall notwithstanding the repeal of enactments effected by this Act, continue and be a body corporate by the name of 'the Port of London Authority, and by that name shall continue to have perpetual succession and a common seal having power to acquire and hold land for the purposes of this Act without licence in mortmain.(2) The several persons who were respectively the chairman, vice-chairman and other members of the Port Authority immediately before the passing of this Act, and shall ...
Manager
Manager, a superintendent, a conductor, or director. As to the appointment of a manager of a business at the instance of a mortgagee, see Coote on Mortgages. As to managers appointed by debenture holders, see (English) Companies Act, 1929, s. 86, and Part VI. Of that Act relating to receivers and managers. As to special manager.[See (English) Bankruptcy Act, 1914, s. 10; (English) Companies Act, 1929, s. 209]Manager means a person who, subject to the control and direction of the directors, has the management of the whole affairs of a company, and includes a director or any other person occupying the position of a manager by whatever name called and whether under a contract or service or not. It will be clear that to satisfy the aforesaid definition a person, which could include a firm, body corporate or an association of persons, apart from being in management of the whole affairs of a company had to be 'subject to the control and direction of the directors'. This definition has underg...
Records
Records, creating agency includes--(i) in relation to the State Government, any Department of Mantralaya or office of the State Government;(ii) in relation to the local authority or any statutory body or corporation wholly or substantially controlled or financed by the State Government or Commission or any committee constituted by the State Government, the office of the said local authority, statutory body, corporation, commission or committee. [Maharashtra Public Records Act, 2005, s. 2(h)]Records, include the records maintained in the form of books or stored in a computer or such other form as may be prescribed. [Prevention of Money-Laundering Act, 2002 (15 of 2003), s. 2(1) (w)]...
Corporation owned or controlled by the State
Corporation owned or controlled by the State, the expression 'Corporation owned or controlled by the State' means any body corporate established by or under a Central, Provincial or State Act, and includes a Government company as defined in s. 617 of the Companies Act, 1956, a society registered under the Societies Registration Act, 1860, or under any corresponding law for the time being in force in a State, being a society established or admini-stered by Government and a co-operative society within the meaning of any law relating to co-operative societies for the time being in force in any State, being a co-operative society in which not less than fifty-one per centum of the paid-up share capital is held by the Central Government, or by any State Government or Governments, or partly by the Central Government and partly by one or more State Governments. [Land Acquisition Act, 1894 (1 of 1894), s. 3 (cc)]...
Owner
Owner, for the purposes of the Public Health Act, 1936, s. 343, replacing s. 4 of the Public Health Act, 1875, the Factory and Workshop Act, 1901, and the London Building Acts (Amendment) Act (5 Edw. 7, c. ccix.), 'the person for the time being receiving the rack-rent of the premises in connection with which the word is used, whether on his own account or as agent or trustee, or who would so receive the same if the same were let at a rack-rent' (see that title), and Kensington Corporation v. Allen, (1926) 1 KB 576.In relation to an industrial undertaking, means the person who, or the authority which, has the ultimate control over the affairs of the undertaking, and, where the said affairs are entrusted to a manager, managing director or managing agent, such manager, managing director or managing agent shall be deemed to be the owner of the undertaking. [Industries (Development and Regulation) Act, 1951 (65 of 1951), s. 3 (f)]In relation to an undertaking, means an individual Hindu undi...
Corporations, Municipal
Corporations, Municipal. The many statutes affect-ing these bodies are consolidated by the Municipal Corporations Act, 1882. See also (English) Local Government Act, 1933 (23 & 24 Geo. 5, c. 51), which repeals many of the previous Acts, except as to London, and codifies the enactments relating to England and Wales. See MUNICIPAL CORPORA-TIONS....
Ecclesiastical Commissioners for England
Ecclesiastical Commissioners for England, a body corporate established by the (English) Ecclesiastical Commissioners Act, 1836 (6 & 7 Wm. 4, c. 77), the long preamble of which sets out the recommenda-tions as to the more equal distribution of episcopal duties and revenues of two previous Royal Commissions, empowered to suggest measures conductive to the efficiency of the Established Church to be ratified by Orders in Council. Church Estate Commissioners are appointed ex officio members of this corporation. See (English) amending Acts of 1840, 1841, 1850, 1860, and 1873 (3 & 4 Vict. c. 113; 4 & 5 Vict. c. 39; 13 & 14 Vict. c. 94; 23 & 24 Vict. c. 124; 36 & 37 Vict. c. 64); and subsequent Acts; and CHURCH BUILDING ACTS; also (English) Welsh Church Act, 1914 (4 & 5Geo. 5, c. 91).A group of people empowered to suggest measures to improve the established Church's efficiency, to be rectified by order's in council, Black's Law Dictionary, 7th Edn., p. 530....
Qualified institutional buyer
Qualified institutional buyer, means a financial in-stitution, insurance company, bank, State financial corporation, State industrial development corpora-tion, trustee or any asset management company making investment on behalf of mutual fund or provident fund or gratuity fund or pension fund or a foreign institutional investor registered under the Securities and Exchange Board of India Act, 1992 or regulations made thereunder, or any other body corporate as may be specified by the Board. [Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, s. 2(1)(u)]...
- << Prev.
- Next >>