bare nominee

17:56 Dec 10, 2014

This question was closed without grading. Reason: Other

English to German translations [PRO]
Bus/Financial - Law: Contract(s) / Gesellschaftssatzung

English term or phrase: bare nominee

If any person holding shares as a ***bare nominee*** as contemplated by Article 20 ceases to be such a nominee and shall fail within twenty-one days of such event to transfer all the shares concerned to the original beneficial owner then such person shall be deemed to have given a Mandatory Transfer Notice in respect of such shares at such time thereafter as the Directors of the Company shall notify to him in writing.

Wie würdet ihr das übersetzen? Und was wäre der Unterschied zwischen einem "bare nominee" und einem "nominee"?

Olaf Reibedanz KudoZ activity Questions: 10041 (2 open) (5 without valid answers) (115 closed without grading) Answers: 3309 Colombia
Local time: 02:16

Summary of reference entries provided

bare nominee = bare trustee

Claus Sprick

Discussion entries: 3

Reference comments

21 hrs

Reference: bare nominee = bare trustee

Reference information:
bare trust im Gegensatz zum special trust, bei dem der Treuhänder weitgehende Verwaltungspflichten hat; der bare trustee muss die Sache nur für den Eigentümer "verwahren" und sie ihm auf Verlangen zurückgeben. Vgl:
http://www.osborneclarke.com/connected-insights/publications...

Example sentence(s):

A bare trust or nominee works as follows: The bare trust or nominee holds the shares on behalf of the beneficiary and must act in accordance with the instructions of the beneficiary. The bare trustee or nominee is the legal owner and the nominator is the

Reference: http://www.hmrc.gov.uk/manuals/vgroups/VGROUPS02250.htm

Claus Sprick
Germany
Specializes in field
Native speaker of:

German
PRO pts in category: 296

Note to reference poster

Asker: Danke, Claus! Meinst du, ich kann das einfach auf Englisch stehen lassen?

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