The Road Fund is notable as one of the few beneficiaries of hypothecated taxation in British history, and is the root of a popular misconception that vehicle excise duty ( especially when referred to as road tax ) is still hypothecated.
12.
The Road Fund is notable as one of the few beneficiaries of hypothecated taxation in British history, and is the root of a popular misconception that vehicle excise duty ( especially when referred to as road tax ) is still hypothecated.
13.
With regard to HCR 31 ( 5 ), the SCA held that the Registrar may continue to grant default judgment declaring specially hypothecated immovable property executable in cases where such judgment is applied for based on a debt flowing from the mortgage bond over the property.
14.
Edmonds claimed that an agreement among the three shareholders prohibited them from " directly or indirectly selling, transferring, giving away, assigning, pledging, hypothecating or otherwise disposing of " their shares without first giving the others a chance to buy them out.
15.
The tephra produced by the eruption was used to extend the runways at the island's small airport, and also as hypothecated sales tax, as well as through international aid totalling US $ 2.1 million primarily from Denmark but with substantial contributions from the United States and several international organisations.
16.
Because hypothecation makes it easier to get the debt and potentially decreases its price; the debtor wants to hypothecate as much debt as possible-but the isolation of'good assets'for the collateral worsens the quality of the rest of the debtor's balance sheet and thus its credit quality.
17.
In the hypothec, the property does not pass to the creditor, nor does he get possession, but he acquires a preferential right to have his debt paid out of the hypothecated property; that is, he can sell it and pay himself out of the proceeds, or in default of a purchaser he can become the owner himself.
18.
The licence fee is a form of hypothecated tax and, yes, it is regressive and burdens old age pensioners ( who amount to one-third of all licence fee holders and who are the heaviest users of the available service ), it is compulsory and, paid as a single annual payment, amounts to a good deal of money.
19.
In France, the "'versement transport "'( abbreviated "'VT "') is a hypothecated local tax levied on the total gross salaries of all employees of companies of more than 11 employees, originally intended to raise capital for investment in local public transport infrastructure, but more and more used to cover its operating expenses.
20.
Clause 15 of the Margin Facility Agreement states : " The client hereby expressly consents, agrees and acknowledges that the company may at its absolute discretion charge, mortgage or hypothecate any or all of the collateral for a sum not exceeding the outstanding balance in the margin account without obligation on the part of the company to retain in its possession or control collateral of like character ."
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