This was converted into a capital sum of 64.5 million pounds and transferred to a Self Invested Personal Pension (SIPP), a UK government-approved scheme, with Olympus's approval in 2014.
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I thought it was going to be three years ago, so don't listen to me, but eventually markets go through cycles and that capital sum of it will be pulled back out and put into other uses. Yeah.
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MUMBAI/NEW DELHI (Reuters) - India is preparing to pump in a higher-than-anticipated capital sum into poorly performing state banks, government sources said, a move that could see New Delhi infuse as much as $34 billion additionally and make it harder to hit planned deficit targets.
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In 1769, Marie Baptiste renounced her pension in exchange for a capital sum.
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Around 2013, Cerruti created the Fondazione FC in which he vested his collection and villa, as well as a capital sum. According to the terms of his will, Cerutti's extraordinary collection is now managed by the nearby contemporary museum Castle of Rivoli, and, after 4 May 2019, open to the public.
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Tsengel () is a sum (district) of Bayan-Ölgii Province in western Mongolia. The capital (sum center) of Tsengel is Khushoot, located in the west of the sum. The inhabitants are mainly Tuvans, known as Tsengel Tuvans, whereas the rest of Bayan-Ölgii is populated mainly by Kazakhs. As of 2014 it had a population of 8744 people.
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Many members were slave owners, but from 1821 slaves were admitted to the worship services. The church developed, the Presbyterian Church of Guyana was formed in 1837. By 1861 it absorbed the remnants of the Nederduitch Hervormde Kerk in Guyana. In 1945 a capital sum was paid to the presbytery and the church ceased its financial aid.
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At the same time direct contributions were to be solicited from individuals to build up the capital sum. Hale himself was disappointed that some of the speeches at the meeting did not indicate a sense of "the importance and the gravity of the matter which we met together to discuss". His opinion was supported by the lack of donations received.Gourlay 2015, pp.
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He lived nearby at Carton and also at Leinster House. The building work was paid for by the British Government; parliament continued to give it an annual grant until the Irish Church Act 1869. When this law was passed the college received a capital sum of £369,000. The trustees invested 75% of this in mortgages to Irish landowners at a yield of 4.25% or 4.75% per annum.
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Slutzkin v Federal Commissioner of Taxation,. was a High Court of Australia case concerning the tax position of company owners who sold to a dividend stripping operation. The Australian Taxation Office (ATO) claimed the proceeds should be treated as dividends, but the Court held they were a capital sum like an ordinary investment asset sale. In the taxonomy of tax schemes the overall operation was a classic exploitation of income versus capital dichotomy.
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In this project, glass reinforced plastic (GRP) tanks, due to more healthy and hygienic, used for preservation and natural fermentation of olives instead of concrete tanks and stainless steel tanks used for olive oil storage as well. If the necessary of commercial and administrative infrastructure complete before olive harvest period of 2012, joint share licensed olive and olive oil storage company, has 23,000,000 TL (15,000,000) capital sum, will start to serve Turkish olive farmers and traders.
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This was to apply not only to Protestant children but also to Roman Catholic ones.Ordnance Survey of the County of Londonderry, Volume I, Colonel R.E. Colby (1837). In accordance with a codicil to his will the capital sum he had bequeathed for the poor boys was held in trust until it had grown to £50,000. Then ten acres of land were purchased, a park was laid out and a handsome school building in classical style was erected in it, the whole project costing a little under £10,000.
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Wilton Windmill in 2008 The Trust was formed in 1967, its purpose being "to preserve property and buildings of architectural and historical interest in the county for the benefit of the nation". It is both a registered charity and a company limited by guarantee.home page of whbt.org.uk The money employed by the Trust originated in a single grant made at the time of its foundation by the former Wiltshire County Council, funding which has been described by the Trust's President Lord Lansdowne as "a revolving capital sum".
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Life assurance premium relief (LAPR) was a United Kingdom taxation rule. It is a tax break that may apply to life assurance policies that provide for a capital sum to be paid on death, where the policy commenced prior to 14 March 1984. It is due in respect of premiums payable under any such life assurance policy issued in respect of an insurance made before 20 March 1968. For such policies entered into between 20 March 1968 and 13 March 1984, the policy must also be a qualifying policy.
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Mortgage life insurance is a form of insurance specifically designed to protect a repayment mortgage. If the policyholder were to die while the mortgage life insurance was in force, the policy would pay out a capital sum that will be just sufficient to repay the outstanding mortgage. Mortgage life insurance is supposed to protect the borrower's ability to repay the mortgage for the lifetime of the mortgage. This is in contrast to private mortgage insurance, which is meant to protect the lender against the risk of default on the part of the borrower.
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Rentcharges provided a regular income for landowners who were prepared to release land for development, to the original builder, or in some cases a third party. The payments due are typically between £2 to £5 per annum, which are no longer a significant burden due to past price inflation. Sometimes the land was released without a capital sum being paid with the rentcharge being the only payment. Once imposed, a rentcharge continues to bind all the land even when the land is later divided and sold off in plots.
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A personal pension scheme (PPS), sometimes called a personal pension plan (PPP), is a UK tax-privileged individual investment vehicle, with the primary purpose of building a capital sum to provide retirement benefits, although it will usually also provide death benefits. These plans first became available on 1 July 1988 and replaced retirement annuity plans. Both the individual can contribute as well as their employer. Benefits can be taken at any time after age 55 if the plan rules allow, or earlier in the case of ill health.
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Logo at the production site in Schweinfurt In 1894 Ernst Sachs made his first design attempts for bicycle hubs, with the first patent on November 23 on bicycle ball bearings with sliding ball tread. On August 1, 1895 Ernst Sachs (technical director) and Karl Fichtel (commercial management) founded Schweinfurt Precision Ball Bearing factories (Fichtel & Sachs as oHG) with a founding capital sum of 15,000 Deutsche marks. First ball bearings and bicycle hubs were made. In 1896, Schweinfurt Precision Ball Bearing factories already employed 70 workers, who produced about 50 to 70 hubs daily.
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645 (Online) Retrieved 8 March 2012 Once there is a divorce or dissolution the couple no longer are obliged to provide aliment to each other. The court, however, can make an order for a periodical allowance in certain circumstances, but such orders are more difficult to obtain as they go against the Family Law (Scotland) Act 1985's principle of a "clean break". Other orders such as capital sum payments, transfer of property and orders relating to pension benefits are utilised by the court to reduce the need for future periodical payments of support.Stair, Child and Family Law (Reissue), para.
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A key object of income draw-down is to structure the fund to allow the pensioner to benefit from future investment performance. Part of the fund can be invested with the aim of matching or beating inflation, to inflation-proof the fund. The excess return, which cannot be paid because of the operation of the cap, can be rolled up within the attractive pension tax wrapper. A pensioner who buys an annuity hands over a capital sum and, in return, the insurance company pays the pensioner an amount stipulated under the annuity contract based on their life expectancy and the assumed returns on an underlying investment.
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On her death, the capital sum of the money raised for her was paid to the Metropolitan and City of London Police orphanage fund. The King's Police Medal was established by a Royal Warrant, dated 7 July 1909, to recognise the bravery of the officers who had pursued Lepidus and Helfeld. Eagles, Cater and Dixon, the three officers who broke into Oak Cottage to apprehend Lepidus, were among the first recipients announced on 9 November 1909. The three were also among five officers promoted to the rank of sergeant without the need for the usual examination; Nicod and Dewhurst were the others who rose in rank.
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He does recognize this fact, but has still done nothing to remedy the situation by for instance saving money from the estate's income to provide a non-entailed capital sum for his widow and daughters. Mr. Bennet seems to spend most all of his time (if not all of it) in his personal sanctuary, Longbourn's library/bookroom/study; a physical retreat from the world (signifying his emotional retreat from his family). He regards the world with an ironic detachment. When he is involved in a social event, such as the ball at Netherfield, it is as a silent and amused witness of the blunders of his family.
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Although the railway looked at an alternative plan, with the railway some distance from the canal, this was not needed, as their offer of £36,000 was accepted. The railway would inherit the privileges and liabilities of the canal company, and would therefore compensate several companies who had built granaries, sheds and wharfs to enable them to trade on the canal. The £36,000 was to be transferred on 1 April 1848, but the railway company were unable to complete the transaction, due to the state of the money market. The canal company agreed to the delay, but began adding interest at 5.5 per cent to the capital sum.
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Whilst the title would pass to Walter, the house and estate were all left to his younger brother, Charles. Although disinherited, Walter had been by no means cut off without a penny: his father had given him a capital sum of a million pounds to live off. In 1908 this was an indescribably large amount and by the time of his father's death in 1915, Walter's finances were well in hand and he was able to mount overseas expeditions to locate new and exotic specimens as well as to purchase existing collections wholesale. The museum's displays included two-and-a-half million butterflies, set under glass, over three hundred thousand bird skins and copious specimens of mammals and reptiles.
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In the High Court, Chief Justice Garfield Barwick and justices Stephen and Aickin overturned Justice Rath's decision and found unanimously for Slutzkin. The justices were adamant that the proceeds to Slutzkin and the vendors were a capital sum, representing the sale of an investment. Slutzkin had arranged the company's affairs in a form that would make it desirable for the purchaser Cadiz, but what Cadiz was going to do later was not something they could know or have an interest in. The judges held section 260 could not apply because firstly a capital sale was a transaction which had no income tax consequences, and secondly because section 260 is an "annihilating" provision.
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The main line from Drax was an ambitious project of about 30 miles of railway across difficult terrain. The E&WYUR; soon found that raising the considerable capital sum for its main line was impossible, and in 1886 it got an abandonment Act. The intended line to Drax was to be abandoned, but short branch lines to Lofthouse (near Ardsley) on the GNR and Woodlesford on the Midland Railway were added (or modified), so that the proposed network was about nine miles in extent including siding complexes. Running powers from Lofthouse to Leeds Central over the GNR were requested--passenger operation was still contemplated on the abbreviated system--but these were refused.
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In speaking of their public funds (rentes) they do not mention the ideal capital sum, but speak of the annuity or annual payment that is received by the public creditor. Other instances of perpetuities are the incomes derived from the debenture stocks of railway companies, also the feu-duties commonly payable on house property in Scotland. The number of years' purchase which the perpetual annuities granted by a government or a railway company realize in the open market, forms a very simple test of the credit of the various governments or railways. In the United Kingdom, the income from compulsory purchase annuities purchased with pension funds or by an employer immediately on retirement (a Hancock annuity) is treated as taxable income.
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In addition there was a dispute about the extent of the guarantee to make up the 4% dividend: the issue was the capital sum on which that 4% was to be based. The NBR was accused by the owning company (the Newburgh and North Fife Railway) of failing to make enough effort to generate traffic for the line, and indeed of diverting traffic on to their own wholly owned parallel lines. At a tribunal the NBR presented figures showing that they were losing money heavily in working the line, which was being done for 50% of gross receipts. In a typical year the receipts for the line were £2,799 of which the NBR received £1,399; the cost to them of working the line was £4,122, incurring a loss of £2,723. Local traffic generated only £20 to £30 annually.
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Terminal Illness Insurance (known as Accelerated Death benefit in North America) pays out a capital sum if the policyholder is diagnosed with a terminal illness from which the policyholder is expected to die within 12 months of diagnosis, by a physician who specialises in that illness or condition. Terminal Illness Insurance is a form of insurance that is often added to a life insurance policy or a Mortgage Life Insurance policy by the insurance company issuing the policy. Terminal Illness Insurance is not available as a separate insurance policy. If a life insurance policyholder also has terminal illness insurance, then he/she has the benefit of knowing that if he/she is diagnosed with a serious illness and is expected to die within 12 months of diagnosis, then the combined policy will pay out straight away rather than waiting for the policyholder to die (as would happen if the policyholder did not have terminal illness insurance).
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