Gratuitous Trustees - Law Dictionary Search Results
Gratuitous trustees
Matched in: Term Gratuitous trustees
Audit
1 Ch 532. By s. 22 (4), (English) Trustee Act, 1925 (15 & 16 Geo. 5, c. 19), trustees may, but not more than once in three years unless special circumstances arise, cause the accounts of the … Geo. 5, c. 51), s. 230], especially where the party whose accounts are audited has given his service gratuitously. The public accounts are audited under the (English) Exchequer and Audit Act, 1866 (repealing twenty-two prior Acts). The
Consideration
a simple contract and may be insufficient for the validity of other transactions maybe found:' (a) In so-called gratuitous or voluntary promises which are void for want of a reciprocal return however obligatory they may be in … Means everything receive in return for the supply of services or the provision of services, Nell Gwynn House Trustees v. Customs Comrs. [H.L. (E)], (1999) 1 WLR 181. If the consideration for a disposal is money, the
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Gift
without pecuniary consideration. A voluntary conveyance of land, or transfer of goods, from one person to another, made gratuitously, and to upon any consideration of blood or money. A similar definition has been given in WEBSTER'S THIRD … whether contingent or future, by will coming into operation after 1925, carry the intermediate income; see also (English) Trustee Act, 1925, s. 3; and (English) A.E. Act, 1925, ss. 41 and 42. BLACK'S Law DICTIONARY (Fourth Edition)
Pension
undeserved want. Relevant rules merely make effective the constitutional mandate. Pension is a right not a bounty or gratuitous payment, Poonamal v. Union of India, AIR 1985 SC 1196: (1985) 3 SCC 345: (1985) 3 SCR 1042; … Act, 1919, s. 3. Neither old age nor contributory pensions are assignable, nor do they pass to the trustee in bankruptcy (s. 7 of c. 31 and s. 36 of c. 33, respectively of 1936). Claims and
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