UK Law

Tag: FI

  • Financial Privilege

    Financial Privilege Meaning, as used in the UK Parliament Financial privilege refers to the special right of the House of Commons to decide public taxes and public spending. It may be used by the Commons as grounds for overruling any House of Lords proposal that has cost implications.

  • First Lord of the Admiralty

    First Lord Of The Admiralty History Head of the Board of Naval Commissioners and, since 1806, a civilian and member of the Cabinet. The professional head of the Navy was known as the First Sea Lord. When the Board of the Admiralty was amalgamated into the Ministry of Defence in 1964 the post […]

  • Filing

    Company Meetings: Filing with the Registrar

  • Financial Restructuring

    Voluntary arrangements under ss– Insolvency Act Find under this subsection information about Voluntary arrangements under ss– Insolvency Act in relation to Financial restructuring. Sale under the articles

  • First Reading

    Definition of First Reading The formal introduction of a bill in the house of commons or the house of lords. First reading Meaning, as used in the UK Parliament First Reading is the formal introduction of a Bill to the House of Commons or the House of Lords. The Bill is not debated at this…

  • Fiduciary Duties

    The Fiduciary duties of Company Directors Authorisation by the board Find under this subsection information about Authorisation by the board in relation to The Fiduciary duties of Company Directors. The Fiduciary duties of Company Directors Competing directorships and post-resignation confl […]

  • Finance Bill

    Definition of Finance Bill In accordance with the work A Dictionary of Law, this is a description of Finance Bill : A parliamentary Bill dealing with taxation matters, usually introduced each year to enact the Budget proposals. Budget (Finance Bill) Meaning, as used in the UK Parliament The […]

  • Filibustering

    Filibustering Meaning, as used in the UK Parliament Filibustering is to deliberately waste time during a debate by making overlong speeches or raising unnecessary procedural points. In this way a Bill or a motion may be 'talked out': stopped from making progress within the time allowed.

  • First Sea Lord

    First Sea Lord History Title given to the professional head of the Royal Navy. Appointed by the Ministry of Defence, he is also the Chief of Naval Staff. In rotation with the representatives of the army and air force he serves as head of all British Armed Forces. History of the First Sea Lord […]

  • Fixed Equity Partner

    Brief Introduction to Fixed Equity Partner in Partnership Law A partner who has a fixed share of equity in a partnership and whose drawings are fixed at a set amount. It is similar to a Salaried Partner but usually more tax efficient as a fixed equity parter is self employed and taxed under […]

  • Fixed

    Definition of Fixed Term Parliament – The fixed-term parliaments act 2011 provides for five year fixed term parliaments.

  • Firearm

    The Firearms Act 1968 Section 57 (1) defined a firearm as a lethal barrelled weapon of any description from which any shot, bullet or other missile can be discharged (and includes any prohibited weapon, any component of such a lethal or prohibited weapon. The Act also created a number of […]

  • Fiscal Policy

    Fiscal Policy History Government policy that attempts to influence the level of demand in the economy through government spending and taxation, rather than through interest rates and the money supply. The New Deal in the US during 1930s is a perfect example of trying to stimulate the economy […]

  • First Past the Post

    First past the post Meaning in Politics Description of First past the post published by Mona Chalabi: This is just another way of describing our winner-takes-all voting system, in which the candidate with the most votes takes the seat. In the United Kingdom, as in other places that use […]

  • Finance

    Finance Meaning in Politics Description of Finance published by Mona Chalabi: Political finances in the United Kingdom are regulated by the Electoral Commission, which sets limits on how much a party can spend while campaigning, ensures that spending is recorded (and, where necessary, […]