Oct 22, 2017 10:02
6 yrs ago
4 viewers *
English term

to own nominally or beneficially

English to German Law/Patents Investment / Securities Affiliate (definition)
Hallo liebe Kolleginnen und Kollegen,
in einem irischen ICAV anch dem Irish Collective Asset-Management Vehicles Act 2015 wird die verbundene Partei (affiliate) definiert als:

any holding company or subsidiary of a Holder and any subsidiary of any such holding company as the context so requires; or
any other person Controlled by, Controlling or under common Control with that person; or
any other person (excluding an independent financial institution) that owns, directly or indirectly, ***nominally or beneficially***, 50% or more of any class or series of that person's share capital (or equivalent capital stock); or
any investment fund vehicle Controlled or managed by that person;
and shall include any state governmental, statutory, regulatory, public or other body which controls it or is controlled by it from time to time.

... die als "nominally" oder als Begünstigte mindestens 50% usw.

Häufig wird ja das "beneficial ownerhsip" dem "legal ownership" gegenübergestellt, also rechtliches bzw. wirtschaftliches Eigentum.
Aber was ist ein "nominelles" Eigentum oder "nomineller" Eigentümer sein?

Vielen Dank im Voraus für eure Unterstützung!

Proposed translations

4 hrs
Selected

nutznießend oder rechtlich besitzen

"Legal or Nominal Ownership" - Legal or nominal ownership means that the Trustee owns the asset in name only.

It might be registered as the "owner" of the asset in any government or private records of ownership.

For example, its name might appear on the policy schedule or the certificate of title of the property.

However, the Trustee does not own or hold the asset for its own commercial benefit.

It is held for or on behalf of the Beneficiaries who own or hold the beneficial interest in the asset.

In effect, the Trustee holds the asset as a custodian and must manage it for the commercial benefit of the Beneficiaries.

"Beneficial Ownership" -
Beneficial ownership normally means that parties other than the Trustee own or hold or enjoy the underlying commercial benefit of the asset.

The Trustee must hold and manage the asset for or on behalf of the Beneficiaries.

If the asset has a substantive commercial value, the value belongs to the Beneficiaries, not the Trustee.



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Note added at 4 hrs (2017-10-22 14:07:20 GMT)
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Reihenfolgekorrektur:

to own nominally or beneficially = rechtlich oder nutznießend besitzen
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4 KudoZ points awarded for this answer. Comment: "Danke!"
14 hrs

nominal oder wirtschaftlich besitzen / nominaler oder wirtschafticher Eigentümer sein

nominale Eigentum" des Vermögenswerts; und

zum beispiel: das "wirtschaftliche Eigentum" des Vermögenswerts
Gabler: "steuerrechtlicher Begriff für Gegenstände, die nicht im (zivil)rechtlichen Eigentum eines Steuerpflichtigen stehen, hinsichtlich derer er aber eine eigentumsähnliche wirtschaftliche Sachherrschaft über ein Wirtschaftsgut besitzt, sodass er bei der Besteuerung als Eigentümer behandelt wird".
Note from asker:
Danke!
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