The Gazette 1955-58

COURSE F. • - The rights, duties and responsibilities of solicitors, 2 lectures. An apprentice to obtain credit must attend both lectures. The dates on which the lectures will be held will be announced at a later date. For a selection of recommended reading see the published syllabus for the Intermediate, First Law and Final Examinations. The lecturer will not necessarily undertake to cover the entire field in each subject, or lecture out of any particular text book. He will advise the class as to its reading and will assume that each student will have read on the lines advised in advance of each lecture on the subject matter of the course. The aim of lectures will be to guide students in their work and to illustrate, explain and supplement their reading. A written examination will be held at the end of each term's lectures. Fee—8 guineas for each course except course E £6-6-0 and course F for which there is no fee. EXAMINATIONS, AUTUMN 1956. Examination "Intermediate Final Preliminary First and Second Irish Date Latest date for giving notice. September 3rd August i3th and 4th September 3rd August i3th 4th and 5th September 4th and 5th August i4th September 7th and 8th August i7th FINANCE ACT, 1956. Death Duties. IN a note published in the June issue in the Society's GAZETTE on the provisions of Section 21 of the Finance Bill 1956 it was stated that where property passing on the death of any person domiciled in the State included any Irish stocks shares or securities the value of such property for the purposes of assessment of estate duty would be deemed to be two-thirds of their full value. The statement as published was inaccurate as the concession pro posed in the Finance Bill is limited to stocks shares or securities issued before or after the passing of the Finance Act to which Section 7 of the Finance Act 1932 applies. The last mentioned Section applies only to a limited class of Irish investments. It should also have been stated that under the terms of the Bill the concession will only be granted where the Revenue Commissioners are satisfied that the deceased person was beneficially entitled to the property continuously from the date of the original

issue thereof up to the day of his death or con tinuously for a period of not less than three years immediately preceding the date of his death.

BUSINESS NAMES. THE attention of members is drawn to the following important Sections of the Registration of Business Names Act, 1916, which oblige people using business names to register. It would seem that the definition section would make the provisions apply to a profession as well as to a business. SECTION i. (a) Every firm having a place of business in the United Kingdom and carrying on business under a business name which does not consist of the true surnames of all partners who are individuals and the corporate names of all partners who are corporations without any addition other than the true Christian names of individual partners or initials of such Christian names ; (b) Every individual having a place of business in the United Kingdom and carrying on business under a business name which does not consist of his true surname without any addition other than his true Christian names or the initials thereof; (c) Every individual or firm having a place of business in the United Kingdom, who, or a member of which, has either before or after the passing of this Act changed his name, except in the case of a woman in consequence of marriage ; shall be registered in the manner directed by this Act :— Provided that— (i) where the addition merely indicates that the business is carried on in succession to a former owner of the business, that addition shall not of itself render registration necessary ; and (ii) where two or more individual partners have the same surname, the addition of an " s " at the end of that surname shall not of itself render registration necessary ; and (iii) where the business is carried on by a trustee in bankruptcy or a receiver or manager appointed by any court, registration shall not be necessary ; and (iv) a purchase or acquisition of property by two or more persons as joint tenants or tenants in common is not of itself to be deemed carrying on a business whether or not the owners share any profits arising from the sale thereof. SECTION 7. If any firm or person by this Act required to furnish a statement of particulars or of any change in particulars shall without reasonable excuse make default in so doing in the manner and within the time specified by this Act, every partner in the firm or the person so in default shall be liable on summary conviction to a fine not exceeding five pounds for every day during which the default continues, and the court shall order a statement of the required particulars or change in the particulars to be furnished to the registrar within such time as may be specified in the order.