It advises ministers to dispose of interests or recuse themselves from discussions and policy if there could be even a perception of a conflict of interest.
If, for instance, a Minister is required by these Standards to dispose of an interest, the simple transfer of the interest to a family member via a nominee or private trust under their control is not an acceptable form of divestment.
If a Minister is required by these Standards to dispose of an interest of any kind, the transfer of the interest to a family member or to a nominee or private trust is not an acceptable form of divestment.
The target shares would rise sharply in price, at which point Pickens would dispose of his interest at a substantial profit.
Slaughter argues that as Djanogly "did not resign from the LLP and dispose of his interests, [he has a] fiduciary duty to promote the interests of the Djanogly Family LLP".
Until 1910, the lands of deceased allottees passed to their heirs "according to the laws of the State or Territory" where the land was located, ibid., and after 1910, allottees were permitted to dispose of their interests by will in accordance with regulations promulgated by the Secretary of the Interior.
And the division's bottom side face more action if Rankine does not dispose of his interests in one of the clubs.
The first exception applies to a business owner (sole proprietor) or fractional owner (shareholder) who may sell the "goodwill of a business" or otherwise dispose of his/her ownership interest in the business entity.
Unlike a typical mutual fund, however, the Universal Fund would follow an "acquire and hold" strategy and could not sell or otherwise voluntarily dispose of its portfolio interests.
In addition to promising "to dispose of its ownership interests as soon as practicable," the administration has promised not to exert control over GM's day-to-day operations, and no government employees will sit on its board.
The couple divorced in 1989 and Tompkins disposed of his interest in Esprit the following year, making him $125m.
