Sentences with phrase «pecuniary interest»

The phrase "pecuniary interest" refers to a person's financial stake or benefit that they have in a particular matter or situation. It means that they have a financial incentive or gain at stake when dealing with a specific issue. Full definition
The letter did thank Robinson for appointing a new accounting officer in April 2016, but also cautioned that there were a number of further instances of non-compliance with the Academies Financial Handbook, including failing to publish on its website relevant business and pecuniary interests of members, trustees, local governors and accounting officers.
Therefore, the application judge correctly found that Mr. Ford had a direct pecuniary interest when he voted on that motion, and s. 5 (1) of the MCIA was engaged.
It's topical, especially in light of the current outrage over a market system that's completely out of control, and which favors criminality and pecuniary interests at the direct expense of the rest of the country.
For each trustee and local governor who has served at any point over the past 12 months, their full names, date of appointment, term of office, date they stepped down (where applicable), who appointed them (in accordance with the trust's articles), and relevant business and pecuniary interests including governance roles in other educational institutions must be recorded.
The opposition believes Assistant Health Minister David Gillespie may have an indirect financial interest in the Commonwealth — grounds for disqualification from office under section 44 (v) of the constitution [which bans anyone who «has any direct or indirect pecuniary interest in any agreement with the Public Service of the Commonwealth»
He also wanted the act to clarify that members must disclose pecuniary interests affecting their «spouses, parents, children, siblings, and other relatives.»
«When you consider REALTORS ® are about selling homes, their commitment to the issue of homelessness is even more powerful as it's not in their direct pecuniary interest,» Ross said.
No. 3 We can balance the priorities: If a broker serves multiple masters — the firm, his or her own pecuniary interests and the investor — two of those three will not come first.
But the NUT is concerned that those working as advisers on daily pay rates of up to # 840 in schools which are underachieving could have their impartiality compromised by a potential pecuniary interest when inspecting a school.
Except in limited and carefully circumscribed cases, the law of tort does not protect pecuniary interests as such.
The severe penalty at stake required a strict interpretation of the threshold of how pecuniary interest is defined, as it is not defined in the Act itself.
in addition to showing that they have no personal, proprietary or pecuniary interest in the litigation that would justify the proceedings on economic grounds, the plaintiffs must show that it would not have been possible to effectively pursue the litigation in question with private funding
Now, contentiously the handbook includes a requirement for academies to publish details of relevant and pecuniary interests of members, trustees and local governors on the trust's website irrespective of whether or not there has been a transaction.
Additionally, for each member who has served at any point over the past 12 months, the academy trust must also include their full names, date of appointment, date they stepped down, and relevant business and pecuniary interests including governance roles in other educational institutions.
He was instructed not to vote on a motion in which he had a pecuniary interest, immediately preceding the vote.
«I had assumed, and I believe so had the prime minister, that our support and the no vote would fade exponentially, but the Greek people overcame fear, they set aside their pecuniary interests, they ignored the fact their savings could not be accessed, and they gave a resounding, majestic no to what was in the end an awful ultimatum on behalf of our European partners,» Varoufakis said.
These shares do not include 1,213,435 shares, valued at approximately $ 247,856,233 on March 20, 2015, that Mr. Pearson, as the grantor, previously contributed to the J. Michael Pearson grantor retained annuity trust, for which he is not the trustee and in which he has no pecuniary interest; however, the shares in this trust remain subject to the same selling restrictions as applicable to Mr. Pearson.
That any sane nation, having observed that you could provide for the supply of bread by giving bakers a pecuniary interest in baking for you, should go on to give a surgeon a pecuniary interest in cutting off your leg, is enough to make one despair of political humanity.
They received a percentage commission / fee from the District only for funds paid out, so to deny a benefit was not in their pecuniary interest.
«The Umuahia rally has also shown that the APC leaders are not in any way interested in the welfare of Nigerians but in their selfish, political and pecuniary interests.
Already trusts must capture relevant business and pecuniary interests of members, trustees and local governors — including directorships, partnerships and employments with businesses that provide goods or services to the trust.
Academy trusts must publish relevant business and pecuniary interests of member, trustees and local governors on their website.
It strikes me as bizarre that anyone in this so called debate can declare no pecuniary interest in it, yet people in our time (early 21st century) are the beneficiaries of the way our economy is run whilst unborn future generations are not being properly represented in our decision making process.
Let me state that I have no pecuniary interest in this of any kind.
The conflict provisions do not apply if the pecuniary interest is too remote or insignificant in nature.
The pecuniary interests of consumers, and potentially other generic companies, are also implicated.
The MCIA prohibits a member of municipal council from taking part in discussions or voting on any matter in which he or she has any pecuniary interest.
When Ford went to council, it [the financial sanction] was presumed to be valid at that point, so he clearly had a pecuniary interest
But in Schlenker v. Torgrimson, the Court of Appeal for British Columbia considered whether elected officials had a pecuniary interest when the sums involved didn't directly fatten their own wallets.
At a meeting of Toronto City Council on February 7, 2012, the respondent spoke to and voted on a matter in which he allegedly had a pecuniary interest.
declare a pecuniary interest, and debated the issue before voting to rescind the council's earlier decision requiring him to repay the money.
Justice Charles Hackland found Ford had contravened the act by voting on a matter in which he had a pecuniary interest; the strict provisions of the legislation meant his seat would have to be declared vacant.
Questions mainly relate to members» pecuniary interests, an area that has attracted lively debate thanks to Magder v. Ford.
Indeed, proving that officials in smaller municipalities do not have a pecuniary interest can be troublesome, because there is a smaller pool of volunteers willing to run for posts, he suggests.
To this end, «a party to a civil case is entitled to have the jury qualified by the court as to any insurance carrier with a financial interest in the case,» Ford Motor Co. v. Conley, 294 Ga. 530, 550 (2014), for even when the insurer may not be a direct party to the action, a relationship with a non-party insurer with a pecuniary interest may sway a putative juror's vote.
Section 5 of the MCIA clearly and broadly states that where a member, «has any pecuniary interest... in any matter,» and is present at a meeting of council, he or she is to disclose his or her interest and must neither take part in the discussion of nor vote on the matter.
At a meeting of the Council, held on July 29, 2008, after his bid to purchase the land had been made, Robert Tuchenhagen disclosed his pecuniary interest in the sale as required by the Municipal Conflict of Interest Act, 2001, S.O. 2001, c. 25 («MCIA»).
And given the ability to leverage a charitable interest in the Kentucky Kernel case and a pecuniary interest in the Hulk Hogan lawsuit, use of litigation funding devices will continue to grow, increasing the access to justice.
They are prohibited from proposing, discussing or voting on any matter in which they may have a pecuniary interest.
I find that both motions related to a matter engaging the respondent's pecuniary interests.
[41] The respondent submits that his pecuniary interest involved in the Council resolutions requiring him to reimburse $ 3,150.00 to donors is sufficiently insignificant in its nature that it did not influence him.
His decision to speak and vote on these matters involving his pecuniary interest was indeed an error in judgment in the broad sense that all contraventions of the law can be viewed as errors in judgment.
[22] In summary, it is the respondent's position that as a matter of policy and statutory interpretation, a Council member's pecuniary interest in a matter, sufficient to engage s. 5 (1) of the MCIA, must mean a personal pecuniary benefit arising from a city commercial or business matter before council.
Ford argued that the pecuniary interest of donations to a football team was not a violation of the city's Code of Conduct, which would have allowed for his... [more]
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