The Secretary of State1 and the Civil Aviation Authority ('CAA')2 may by notice require any person who is the operator3 of one or more aircraft registered or operating in the United Kingdom4, aerodrome managers5, the occupier of land forming part of an aerodrome, and any person having access to a security restricted area of an aerodrome6 for the purpose of his business7, as well as authorities responsible for United Kingdom air navigation installations8, to provide him with information concerning the measures which they are taking to protect aerodromes, aircraft, persons and property in them, and air navigation installations, against
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Dividends involve a distribution of cash or a distribution of non-cash assets (known as a distribution in kind or a distribution in specie).A scrip dividend (in a tax context, sometimes referred to as a stock dividend) allows a shareholder to receive new shares in a company as an alternative to a
A limited company that proposes to issue redeemable shares must comply with the provisions of the Companies Act 2006 (CA 2006).Why do companies issue redeemable shares?A company may wish to issue redeemable shares so that it has an alternative way to return surplus capital to shareholders without
Tipping off and prejudicing an investigationIt would undermine the benefit to the authorities if, a suspicious activity report (SAR) having been made, the alleged offender were to be made aware of the interest in their activities so that they could take steps to cover up their misdeeds or disappear.
This Practice Note examines the doctrine of consideration and the key role it plays in English law in determining whether a contract is enforceable.A promise will only be capable of being contractually enforced if it is either made in a deed or made in exchange for something of value, known as
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