deck_16357815 Flashcards
he literal rule
Read the words in their ordinary, usual way. If the words are clear and obvious, then Parliament intended
them to be used that way.
Example: an Act makes it illegal to wound another person “with a weapon”. Someone bit someone with
their teeth. Are teeth a weapon? Usually, a weapon is an instrument. Teeth are therefore not a weapon.
The golden
rule
This is used to avoid uses of the literal rule which make ridiculous results. It is an extension of the literal
rule.
The definition of the golden rule is therefore to give words their plain, ordinary and usual rule (as per the
literal rule) as far as possible but if that means that the words don’t make sense then take the words in
the context of the Act as a whole and try and give the words the meaning Parliament must have intended
them to have without changing the words completely.
The
mischief
rule
this examines the original purpose of the Act. The court asks 4 questions:
1. What was the common law before the Act was made?
2. What was the issue (or mischief) that the common law didn’t provide for and the Act is trying to cover?
3. What remedy for the mischief had Parliament intended to provide?
. What was the real reason for Parliament adopting that remedy?
The
purposive
approach
This involves interpreting an Act to give effect to its general purpose.
It is the main approach used today. When examining what the general purpose of Parliament might have
been in passing the Act, the courts can consider the law previously, the social and political context in which
the Act was passed, and the courts are more willing to use external sources like government explanatory
notes (which can be used by the court freely) or Hansard - see below.
It s very general: allows the court to see what the purpose of the Act is and use that purpose to make the
words cover actions which should be illegal (or not) under the law.
Eiusdem generis = of
the same kind
When there is a list of generic but non-exhaustive items. Characterised by a list followed by the
words “or other things”.
You must identify what is included in the list. To do so, see what kind of items formed part of the
list, and then add items which are similar or of the same kind, or in other words, are of the same
category.
Express10 un*us est
exclusio alterius = to
express a list of
specific things
would mean that
you exclude other
things of the same
type.
This means that where you have a list of specific things, and there is no “and other such things” at
the end of the list, then you can’t include something which may be of the same category. In
other words, there is a specific list of things for a reason, and the language “and other such
things” is not included because we are only meant to have that specific list.
So, where you have a list of items with no general words that follow, then only those items
apply.
Nosciitur a sociis =
Interpret a word by
its place in a phrase
or sentence. The
words derive their
meaning from the
other words
surrounding them.
When looking at the meaning of a word which is in a list or placed with other words, see what
those other words mean to identify what your word means.
JR
Ordinary SH res
® Appointment or removal of a director or auditor
® Adoption of the annual accounts and the reports of the directors and auditors
® Approval of a declaration of dividends
® Approval of the directors’ decision to allot shares
® Approval of substantial property transactions
® Substantial Property Transactions (‘SPTst) involving directors with a personal inter-est (more than £IOO,OOO or more than €5,000 and the contract value exceeds 10% of the company’s assets)
® Ratification of a director’s breach of duty
® Entering a service contract with a director for more than two years
® Making a loan to a director
Giving a director a payment for loss of office (essentially, giving a director a gift after leaving office)
Specail SH res
® Most decisions to buy back company shares
® Changes to the company’s articles of association
® Changes to the company’s name
® Deciosn to disapply pre-emption right
Corp tax
19% for profits below 50K and 25% above 250k
IHT
40%
CGT
CGT rate is 10% (in basic rate band) or 20% abiove
More for resi property
Busienss asset dispsoal relif
GA or ST at least 2 years before dispsoal
Sahres in a company if they own at leaat 5%
Taxed at 10% with liftime limit of 1mil
- Pre action - Limitation
Tort with no PI
§ 6 years from that tort occurred
6 years from knowledge of the tort
- Pre action - Limitation
PI
§ 3 years
§ If the vivctiom died winthin 3 years of the tort
□ 3 years deom the death
□ 3 years from the reps knolege of the tort
Statue barred if died after 3 years
○ Defects in property - limitation
§ 6 years from accurual of action OR
§ 3 years form the date on which the climant knew
15 years longstop - from the act or omission that caused the damage