Bearer instrument and Code of practice: Difference between pages

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(Change 'must take' to 'will take'.)
 
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A bearer instrument is a valuable document, which does not bear the name of its legal owner and may be redeemed by whoever is in possession of it.
1.


Bearer instruments are not registered to the holder, and can therefore be transferred by delivery.
Relevant published and authoritative guidance not having direct legal effect.


Codes of practice are not statements of law and there is no direct penalty for failing to comply with them, but courts and tribunals will take any relevant codes of practice into account when making legal decisions.


Also known as a bearer security.
Sometimes known as codes of conduct.




== See also ==
2.
* [[An introduction to debt securities]]
* [[Bearer]]
* [[Bearer bond ]]
* [[Holder in due course]]
* [[Negotiable instrument]]


[[Category:Financial_products_and_markets]]
A Code of Practice is a document issued by the UK Pensions Regulator providing practical guidelines on the requirements of pensions legislation and setting out standards of conduct and practice expected of those who must meet these requirements.
 
 
==See also==
* [[ACT Ethical Code]]
* [[Code]]
* [[Guidance]]
* [[Technical provisions]]
* [[UK Corporate Governance Code]]
 
[[Category:Ethics_and_corporate_governance]]

Revision as of 13:36, 22 November 2014

1.

Relevant published and authoritative guidance not having direct legal effect.

Codes of practice are not statements of law and there is no direct penalty for failing to comply with them, but courts and tribunals will take any relevant codes of practice into account when making legal decisions.

Sometimes known as codes of conduct.


2.

A Code of Practice is a document issued by the UK Pensions Regulator providing practical guidelines on the requirements of pensions legislation and setting out standards of conduct and practice expected of those who must meet these requirements.


See also