Duty and Earmarking: Difference between pages

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1. ''Tax.''
1. ''Pensions.''


A tax levied on certain transactions rather than on profits or on income.
The setting aside, at least notionally, of part of a pension fund for the benefit of a particular member, such as might be the case in a money purchase arrangement.


Duties include: import duties, excise duties, stamp duty and stamp duty land tax.


2. ''Law.'' 


2. ''Law and ethics.''
A court order directing the trustees of a pension scheme to make payments direct to a former spouse of a member; these generally form part of divorce settlements.  


A legal or moral obligation or responsibility.
Also referred to as an attachment order.


For example, ''stewardship'' is the fundamental fiduciary duty of company directors, to safeguard and administer the property belonging to a company, on behalf of its shareholders.


3. ''Other assets.''


3. ''Contract law - employment.''
More generally, the notional setting aside of a part of any fund of assets for a specific purpose.


Tasks or responsibilities that a contracting party or an employee undertakes as part of their employment or other contractual engagement.


== See also ==
* [[Assets]]
* [[Defined contribution pension scheme]]  = money purchase arrangement
* [[Fund]]
* [[Member]]
* [[Notional]]
* [[Pension scheme]]
* [[Ring fence]]
* [[Trustee]]


:<span style="color:#4B0082">'''''Syndicated loans - agents'''''</span>
[[Category:Compliance_and_audit]]
 
[[Category:Manage_risks]]
:"An agent is usually appointed from amongst the banks to manage the drawdown, interest calculation, and repayment process and will require an annual fee to perform this duty."
[[Category:Risk_frameworks]]
 
:''Bank facility - the Treasurer's Wiki.''
 
 
==See also==
* [[Ad valorem]]
* [[Agent]]
* [[Bank facility]]
* [[Capital duty]]
* [[Company]]
* [[Contractor]]
* [[Customs duty]]
* [[Director]]
* [[Double duty]]
* [[Duty of care]]
* [[Employee]]
* [[European Customs Union]]
* [[Excise duty]]
* [[Fiduciary duty]]
* [[Fixed duty]]
* [[Levy]]
* [[Segregation of duties]]
* [[Shareholders]]
* [[Smuggling]]
* [[Stamp duty]]
* [[Stamp duty land tax]]
* [[Stamp duty reserve tax]]
* [[Stewardship]]
* [[Statutory duty]]
* [[Surcharge]]
* [[Tariff]]
* [[Tax]]
 
[[Category:Accounting,_tax_and_regulation]]
[[Category:Ethics]]

Latest revision as of 18:29, 1 July 2022

1. Pensions.

The setting aside, at least notionally, of part of a pension fund for the benefit of a particular member, such as might be the case in a money purchase arrangement.


2. Law.

A court order directing the trustees of a pension scheme to make payments direct to a former spouse of a member; these generally form part of divorce settlements.

Also referred to as an attachment order.


3. Other assets.

More generally, the notional setting aside of a part of any fund of assets for a specific purpose.


See also

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