General Lighthouse Fund - Law Dictionary Search Results
Home Dictionary Name: general lighthouse fundGeneral Lighthouse Fund
General Lighthouse Fund. See MERCANTILE MARINE FUND....
Lighthouse
Lighthouse, a building, from which lights are shown to guide ships at sea. The power of erecting and maintaining them is a branch of the royal prerogative. By the (English) Harbours, Docks and Piers Clause, etc. Act, 1847 (10 & 11 Vict. c. 27), lighthouses are not to be erected without the sanction of Trinity House. The management of lighthouses is now regulated by the (English) Merchant Shipping Act, 1894 (57 & 58 Vict. c. 60), Part, XI., ss. 634-675, as amended by the (English) Merchant Shipping (Mercantile Marine Fund) Act, 1898 (61 & 62 Vict. c. 44), which creates a General Lighthouse Fund in substitution for the Mercantile Marine Fund, and, subject to the rights of persons having authority over local lighthouses, is vested in the following bodies:-(1) As to lighthouses in England, Wales, Jersey, Guernsey, Sark, and Alderney, and the adjacent seas and islands, and in Gibraltar, in the Trinity House.(2) In Scotland and the adjacent seas and islands, and in the Isle of Man, in the Co...
Mercantile Marine Fund
Mercantile Marine Fund, a fund consisting, under ss. 676-679 of the (English) Merchant Shipping Act, 1894, of the fees paid on survey and measurement of ships, money arising from unclaimed property of deceased seamen, fees received by receivers of wreck, light dues, etc., etc., and applicable to the payment of salaries of mercantile marine officers, etc., under the Act. The 'General Lighthouse Fund' is substituted for the Mercantile Marine Fund by the (English) Merchant Shipping (Mercantile Marine Fund) Act, 1898 (61 & 62 Vict. c. 44)....
Paymaster-General (see now Accountant-General
Paymaster-General (see now Accountant-General; the duties of Paymaster-General transferred to Accountant-General: see (English) Judicature Act, 1925, ss. 133 et seq.). Under the (English) Chancery Funds Act, 1872 (35 & 36 Vict. c. 44), the office of Accountant-General of the Court of Chancery was abolished, and the duties transferred to the Paymaster-General, and by the (English) Supreme Court of Judicature (Funds, etc.) Act, 1883, there was only one accounting department for the Supreme Court of Judicature. Rules with respect to the Paymaster-General were authorised to be made by the (English) Judicature Act, 1875, s. 24, and, further, s. 30 of that Act, and s. 4 of the Act of 1883, supra, the present practice and procedure being controlled by the (English) Supreme Court Funds Rules, 1927....
fund
fund 1 : a sum of money or other resources whose principal or interest is set aside for a specific objective cli·ent security fund : a fund established by each state to compensate clients for losses suffered due to their attorneys' misappropriation of funds common trust fund : an in-house trust fund established by a bank trust department to pool the assets of many small trusts for greater diversification in investing executor fund : a fund established in estate planning to provide for the payment of final expenses by an executor joint wel·fare fund : a fund that is established by collective bargaining to provide health and welfare benefits to employees and that is jointly administered by representatives of labor and management paid-in fund : a reserve cash fund in lieu of a capital stock account set up by mutual insurance companies to cover unforeseen losses sink·ing fund : a fund set up and accumulated by regular deposits for paying off the principal on a debt...
Accountant-General, or Accomptant-General
Accountant-General, or Accomptant-General, an officer of the Court of Chancery, appointed by Act of Parliament to receive all money lodged in Court, and to place the same in the Bank of England for security. (12 Geo. 1, c. 32; 1 Geo. 4, c. 35; 15 & 16 Vict. C. 87, ss. 18-22 and 39). The office was abolished by the (English) Chancery Funds Act, 1872 (35 & 36 Vict. C. 44), and the duties transferred to the Paymaster-General. See (English) Sup. Court of Judicature (Funds) Act, 1883 (46 & 47 Vict. C. 29). The office of Accountant-General was revived by the (English) Judicature Act, 1925, Part VI., ss. 133 to 149, repealing and replacing the Act of 1883....
Total liabilities
Total liabilities, means the liabilities under he Consolidated Fund of India and the public account of India. [Fiscal Responsibility and Budget Management Act, 2003 (39 of 2003), s. 2(f)]Means the liabilities under the consolidated fund of the State of Gujarat and the public account of the State. [Gujarat Fiscal Responsibility Act, 2005, s. 2(i)]Means the explicit liabilities under consolidated fund of the State and the Public Account of the State including General Provident Fund. [Rajasthan Agricultural Produce Markets Act, 2005, s. 2(p)]...
Employee
Employee, includes not only persons employed directly by the employer but also persons employed through a contractor. Moreover, they include not only persons employed in the factory but also persons employed in connection with the work of the factory, P.M. Patel and Sons v. Union of India, (1986) 1 SCC 32: AIR 1987 SC 447: (1985) Supp 3 SCR 55.A person who works in the service of another person (the employer) under an express or implied contract of hire under which the employer has the right to control the details of work performance, Black's Law Dictionary, 7th Edn., p. 543.Means a person appointed to or borne on thecadre of staff of the Corporation, other thanperson on deputation. [Employees' State Insurance Corporation (General Provident Fund) Rules, 1995, s. 2(1)(e)]Means any person appointed by the University and includes teachers and other staff of the University, Manipur University Act, 2005, s. 2(k).In relation to the University, means a person other than a teacher or an office...
Year
Year, means a period commencing on 1st April and ending on 31st March next following. [Rajasthan Public Libraries Act, 2006, s. 2(t)]Means a year commencing on 1st day of April. [Equity Linked Savings Scheme, 2005, s. 2(g)][fr. gear, Sax.], 365 days, twelve calendar months, fifty-two weeks and one day, or in Leap Year (q.v.) 366 days, i.e., fifty-two weeks and two days.The first day of the year was legally altered for England from the 25th of March to 1st of January in and after 1752 by the Calendar (New Style) Act, 1750 (24 Geo. 2, c. 23) (Chitty's Statutes, tit. ' Time '), but as appears from the preamble to that statute, the 1st of January had been the first day of the year in Scotland, in other nations, and by ' common usage throughout the whole kingdom.' See CALENDAR generally, when a statute speaks of a year it must be considered as twelve calendar and not lunar months, Bishop of Peterborough v. Catesby, 1608 Cro Jac 166.For the termination of the statutory year for certain finan...
Funds, public
Funds, public, the name given to the public funded debt due by Government. The practice of borrow-ing money to defray a part of the war expenditure began, with us, in the reign of William III. In the infancy of the practice it was customary to borrow upon the security of some tax, or portion of a tax, set apart as a fund for discharging the principal and interest of the sum borrowed. This discharge was rarely effected. The public exigencies still continuing, the loans were continued, or the taxes again mortgaged for fresh ones. At length the practice of borrowing for a fixed period, or, as it is called, upon terminable annuities, was abandoned, and loans made upon interminable annuities, or until it might be convenient for the Government to pay off the principal. Such loans are called Funded Debt, or 'The Funds'; loans for a fixed period are said to be 'Unfunded'.In the beginning of the funding system the term 'fund' meant the taxes or funds appropriated to the discharge of the princip...
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