Example sentences of "beneficial interest [prep] the [noun] " in BNC.
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| 1 | Whilst the husband and wife as owners of the legal estate can make a conveyance or transfer as trustees to the wife alone as discussed in the previous section , there seems no good reason , when the husband conveys or releases his beneficial interest to the wife , why she should not receive the benefit of the " beneficial owner " covenants ( see Chapter 3 ) . |
| 2 | Furthermore , in valuing the shares transferred by the taxpayer , the company 's right to the income of the retained part had to be disregarded , since to regard the company as having a beneficial interest in the trust would be inconsistent with the beneficial ownership attributed to the participators . |
| 3 | In each case the entire beneficial interest in the deposit belongs to B to the exclusion of A who made the deposit . |
| 4 | Held , granting the declarations , that it was the moment of adjudication of bankruptcy that caused the property of a bankrupt to vest in his trustee thereby causing an involuntary alienation of his property which resulted in the severance of any joint tenancy he might then be beneficially entitled to ; that the combined effect of sections 37(1) and 38 ( a ) of the Bankruptcy Act 1914 was not to vest title in the trustee retrospectively but rather to vest in the trustee when adjudication occurred title to property which was identified by reference to the property which belonged to the bankrupt at the commencement of the bankruptcy ; and that , accordingly , since the joint tenancy had not been severed before the wife 's death , on her death the husband , as survivor , became entitled to the whole beneficial interest in the properties , which on his adjudication as bankrupt vested in his trustee in bankruptcy ( post , pp. 206A , F–H , 207C ) . |
| 5 | Hoffmann J. declared that in each case the beneficial interest in the property was owned by the bankrupt and his wife in equal shares and he made orders for possession and sale but , after considering the circumstances of the two wives and their children and , in particular , that the half shares to which they would be entitled would be insufficient for them to acquire other accommodation in the area and the educational problems of the children , imposed a provision for postponement until the youngest child in each case attained the age of sixteen . |
| 6 | ( 5 ) That he failed to explain the transaction properly to the wife and in particular did not make it clear to her that the charge attached to her beneficial interest in the property ( the home ) as well as her husband's. ( 6 ) In the circumstances under ( 4 ) Mr. Williams was negligent in his dealings with Mrs. Perry . |
| 7 | The Board had no beneficial interest in the assets it was seeking to freeze , nor any common law right of action . |
| 8 | The Disclosure Directive applies to changes in voting rights rather than share capital and this means that the notification requirement is therefore not dependent on having a beneficial interest in the shares . |
| 9 | However , notwithstanding that registration has not occurred , the beneficial interest in the shares may have passed from the transferor to the transferee . |
| 10 | Notwithstanding that the transfer is not lodged for registration or registration is refused , the beneficial interest in the shares will , it seems , pass from the seller to the buyer at the latest at stage ( 2 ) and , indeed will do so at stage ( 1 ) if the agreement is one which the courts would order to be specifically enforced . |
| 11 | ‘ It means that Marius was retaining a beneficial interest in the gift . ’ |
| 12 | While Sotheby's-New York … disclaims any ownership interest in the treasure , the claimants contend that whether any of Sotheby 's affiliates possess a beneficial interest in the treasure is a significant and unresolved matter . |
| 13 | And in another case , decided in the same year , the Court of Appeal held that a mistress was entitled to a beneficial interest in the house she had shared with her lover even though he had left it to marry another woman . |