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The Companies and Intellectual Property Commission (CIPC) is an agency of the Department of Trade, Industry and Competition in South Africa. [1] The CIPC was established by the Companies Act, 2008 (Act No. 71 of 2008) [2] as a juristic person to function as an organ of state within the public administration, but as an institution outside the public service.
In economics, a government-granted monopoly (also called a "de jure monopoly" or "regulated monopoly") is a form of coercive monopoly by which a government grants exclusive privilege to a private individual or firm to be the sole provider of a good or service; potential competitors are excluded from the market by law, regulation, or other mechanisms of government enforcement.
Land and Buildings Records (EGiB) – the official cadaster of land, buildings, and owner-occupancies, Geodetic Records of Utilities Networks (GESUT) – the official cadaster of utilities networks, Ministry of Finance (MF) – Central Register of Beneficial Owners (CRBR) – a register of ultimate beneficial owners (in Polish) [147] (searchable)
Beneficial owner is subject to a state's statutory laws regulating interest or title transfer. [2] This often relates where the legal title owner has implied trustee duties to the beneficial owner. [clarification needed] A common example of a beneficial owner is the real or true owner of funds held by a nominee bank.
An owner placing property into trust turns over part of their bundle of rights to the trustee, separating the property's legal ownership and control from its equitable ownership and benefits. This may be done for tax reasons or to control the property and its benefits if the settlor is absent, incapacitated , or deceased.
The entity whose name is recorded as the legal owner of the securities is known as the "nominee owner," and that entity has ownership rights in the security. [1] The nominee owner holds those ownership rights on behalf of the true economic owner who is referred to as the beneficial owner .
A beneficial interest is the right that a person has arising from a contract to which they are not a party, or a trust. [1] For example, if A makes a contract with B that A will pay C a certain sum of money, B has the legal interest in the contract, and C the beneficial interest.
Radical title is a concept in English common law that refers to the Crown's underlying title to all land held in overseas plantations and colonies. [1] It grants the Crown the power to alienate others from land and to transfer beneficial ownership of the land to itself or others, but by itself does not grant beneficial ownership.