Sentences with phrase «corporate body if»

Not exact matches

If you deliver quality insight, you are sure to get long term contracts with both corporate bodies and the government of your country.

if the trustee of the fund is a body corporate, each director of the body corporate is a member of the fund.

Also you are able to manage investment units yourself without the need to pay an agent and agent fees because if there is an issue with the property it is taking care of by the body corporate.

When you own an investment property, you will be responsible for such ongoing costs as: council and water rates, insurance, body corporate fees, land tax, property management fees (if you use an agent), repairs and maintenance costs.

Broadly, subsequent restructuring would be considered unlawful (and stringent penalties would apply) if a UK body corporate caused or permitted a non UK - resident body corporate over which it has control to issue or transfer shares or debentures, without the prior consent of the Treasury.

If you were to fast forward five or ten years, how much do you see these issues in body corporate law progressing?

Depends if she clarified it in her definitions with «a reference to a company [in my Legal Cheek article] shall include any company, corporation or other body corporate, wherever and however incorporated or established».

HTA 2004, s 32 (1) prohibits commercial dealings in human material, including obviously organs, for transplantation, and provides: «(1) A person commits an offence if he: (a) gives or receives a reward for the supply of or for an offer to supply, any controlled material; (b) seeks to find a person willing to supply any controlled material for reward; (c) offers to supply any controlled material for reward; (d) initiates or negotiates any arrangement involving the giving of a reward for the supply of, or for an offer to supply, any controlled material; (e) takes part in the management or control of a body of people corporate or unincorporate whose activities consist of or include the initiation or negotiation of such arrangements.»

It is my view that the capacity of NTRBs needs to be significantly increased if they are to fully perform their functions, including new administrative work they will need to do to support PBCs and registered native title body corporates as a result of the changes to the native title scheme.

One respondent cautioned against using the corporate structure of a PBC for anything other than holding native title, such as commercial enterprise, because although the NTA protects native title rights and interests held by the PBC from liability incurred by the body corporate, the non-native title assets of the PBC, of individual members and of the broader native title group could be at risk if the PBC was wound up for any reason.

The above points are important if the representative bodies, prescribed bodies corporate, and registered native title bodies corporate are to:

Allows a prescribed body corporate to be the trustee for, or act as an agent or representative for more than one group of common law holders in relation to a native title determination, if consented to by all native title holders.

If the reference to an registered native title body corporate in s. 87A (1)(c)(iii) is intended to relate to applications for revision of an existing determination pursuant to s. 13 (1)(b), that should be made clear.

[33] See, eg, Regulation 8 (7) of the PBC Regulations «An agreement that gives effect to a native title decision of a PBC has no effect to the extent that it applies to the decision, if the body corporate does not comply with this regulation.»

The claim group would have a corporate entity that is already constituted, in preparation for it then taking on the role of acting as the registered native title body corporate if a determination of native title is ultimately made.

Thus, if the Indigenous corporation was previously a prescribed body corporate, it is required to change its name to reflect the new status of RNTBC.

In determining if a corporation is a PBC, the court will consider the objects of the corporation which must include the purpose of holding and managing native title rights and interests, and whether the corporation is in the process of becoming a registered native title body corporate.

If the court determines it is not to be held in trust, the court must take certain steps to determine which PBC is, after becoming a registered native title body corporate, to perform functions given to it as a registered native title body corporate under the Act or under regulations.

It is imperative that Indigenous corporate bodies be well resourced, including funding, if the native title system is to operate at all.

An alteration to a unit is not permitted without the prior consent of the trustees of the body corporate and the local municipality, especially if the improvement involves structural changes, an extension of a section or an alteration to the external look of the building, or any major building work.

If the owner does not comply, the body corporate can give him 30 days» notice and if he doesn't act they can then arrange for the job to be done at the owner's expense, according to Prescribed Management Rule 7If the owner does not comply, the body corporate can give him 30 days» notice and if he doesn't act they can then arrange for the job to be done at the owner's expense, according to Prescribed Management Rule 7if he doesn't act they can then arrange for the job to be done at the owner's expense, according to Prescribed Management Rule 70.

Meyer de Wall, from MBF, also recommends that if you are looking to invest in a sectional title scheme, be sure to obtain information about the financials of the body corporate (i.e. special levies and its financial health etc.) before you sign a sale agreement, to avoid being landed with any unexpected costs.

If a breach has occurred then the landlord is responsible for any consequences, including paying any associated penalties, but is not given the right to evict the tenant, as evident from the judgment of the High Court in Body Corporate, Shaftesbury Sectional Title Scheme v Rippert's Estate and Others 2003 5 SA 1 (C).

In cases of sales in execution, the municipality will be paid first if there are outstanding amounts on the rates and water accounts (which there usually are); the bank will be paid second and the body corporate third.

Keeping the above in mind, said Bauer, it means that the owner can only extend the floor area of his unit onto common property if he has a special resolution from the body corporate.