Chwilio Deddfwriaeth

Chwiliad Uwch

Baxi Partnership Limited Trusts Act 2000

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  • Y Diweddaraf sydd Ar Gael (Diwygiedig)
  • Gwreiddiol (Fel y'i Deddfwyd)

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Dyma’r fersiwn wreiddiol (fel y’i gwnaed yn wreiddiol). This item of legislation is currently only available in its original format.

  1. Introductory Text

  2. 1.Citation and commencement

  3. 2.Interpretation

  4. 3.Validation of trust, resolutions and share sales

  5. 4.Amendment of employee benefit trust of 7th March 1984

  6. 5.Costs of Act

    1. SCHEDULE

      Substituted provisions of employee benefit trust dated 7th March 1984

      1. 1.INTERPRETATION (1.1) In this Deed the following expressions have the...

      2. 2.THE MAIN PURPOSE OF THE TRUST (2.1) The main purpose...

      3. 3.TRUSTS OF CAPITAL Subject to Clause 5 of this Deed,...

      4. 4.Trusts of income (4.1) The Trustees shall hold the income...

      5. 5.EMPLOYEE OWNERSHIP THROUGH THE TRUSTEES RETAINING A CONTROLLING INTEREST IN...

      6. 6.RECONSTRUCTIONS (6.1) Notwithstanding anything in Clause 5 of this Deed,...

      7. 7.PROVISIONS TO TAKE EFFECT ON THE INSOLVENT LIQUIDATION OF BPL...

      8. 8.EXCLUSION OF CERTAIN PERSONS FROM BENEFIT UNDER THE TRUST Notwithstanding...

      9. 9.THE TRUSTEES TO HAVE POWER TO ACQUIRE FURTHER SHARES IN...

      10. 10.THE TRUSTEES TO HAVE POWER TO BORROW The Trustees shall...

      11. 11.THE TRUSTEES TO HAVE POWER TO EXERCISE THEIR RIGHTS AS...

      12. 12.DIVIDENDS (12.1) The Trustees shall not be under any duty...

      13. 13.THE TRUSTEES NOT TO BE OBLIGED TO INTERFERE IN THE...

      14. 14.COMPOSITION OF THE TRUSTEE BODY (14.1) The statutory power of...

      15. 15.TRUSTEES WHO ARE EMPLOYEES OR ARE OFFICERS OF A COMPANY...

      16. 16.PROCEEDINGS OF THE TRUSTEES (16.1) The Trustees shall meet together...

      17. 17.FURTHER POWERS OF THE TRUSTEES The Trustees shall have the...

      18. 18.FURTHER ADMINISTRATIVE POWERS OF THE TRUSTEES (18.1) Insofar as no...

      19. 19.LIMITATION OF THE TRUSTEES' LIABILITY (19.1) No Trustee shall be...

      20. 20.TRUSTEE REMUNERATION (20.1) Any Trustee being a solicitor, accountant or...

      21. 21.BPL TO BEAR THE COST OF ADMINISTERING THE TRUST AND...

      22. 22.THE PRICE AT WHICH SHARES ARE TO BE SOLD BY...

      23. 23.POWER OF THE TRUSTEES TO AMEND THE PROVISIONS OF THIS...

      24. 24.THE TRUSTEES TO HAVE POWER TO MAKE MINOR AMENDMENTS TO...

      25. 25.THE TRUSTEES TO HAVE POWER TO AMEND THIS DEED TO...

      26. 26.RESTRICTIONS ON THE AMENDMENT POWERS CONTAINED IN CLAUSES 23, 24...

      27. 27.THE TRUSTEES TO HAVE POWER TO AMEND THE CORE PROVISIONS...

      28. 28.THE TRUSTEES TO HAVE POWER TO MODIFY THE FORMAL REQUIREMENTS...

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