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CHAPTER TWO CORPORATE GOVERNANCE FUNDAMENTALS Despite the title of this book, transfer pricing is not the decisive factor for the design and management of intercompany agreements. Corporate governance considerations are fundamental to the viability of any structure which involves legal entities and not merely natural persons. A system of intercompany [...] -
CHAPTER ONE My greatest mediation teacher Zen holds that everyone we meet is our teacher. I’ve seen that thought attributed to the Buddha, mostly on posters that superimpose the words on a picture of a very old Tibetan person looking wise, though I’ve also read learned articles that say that [...] -
CHAPTER ONE LICENSING: THE BASICS The Licensing Act 2003 (the “Act”) is the principal statute covered by this book which came into force on 24 November 2005. Replacing the Licensing Act 1964, this product of the Blair years was designed to reduce regulation and devolve power to local authorities in [...] -
CHAPTER TWO LEGAL ETHICS: BACK TO THE FUTURE? The language and underlying philosophy of legal regulation has, over recent decades, moved from an ethical starting point, from say 1920 onwards, using the language of compliance and the compliance agenda of other regulatory frameworks. The SRA Handbook 2011 owed much to [...] -
CHAPTER THREE BASIC CONCEPTS Ownership, possession and use ‘Ownership’ of an asset is a complex subject in itself, but for present purposes the important thing to remember is that it is not a single indivisible right; rather, ownership is a bundle of rights which can be split between different parties. [...]