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Topic: Bona vacantia


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In the News (Mon 28 May 12)

  
  Bona vacantia - Encyclopedia, History, Geography and Biography   (Site not responding. Last check: 2007-10-19)
Bona vacantia (Latin for "vacant goods") is a common law doctrine of the in United Kingdom under which ownerless property passes by law to the Crown.
In Scotland, bona vacantia is administered by the Queen's and Lord Treasurer's Remembrancer, an office held by the Crown Agent, the senior official in the Crown Office and Procurator Fiscal Service (COPFS).
In Northern Ireland, bona vacantia is dealt with by the Crown Solicitor as the Treasury Solicitor's Nominee.
www.arikah.net /encyclopedia/Bona_Vacantia   (286 words)

  
 Encyclopedia: Bona Vacantia   (Site not responding. Last check: 2007-10-19)
In Scotland, bona vacantia refers only to the assets of dissolved companies and lost property, which is administered under the Civic Government (Scotland) Act 1982.
The Treasury Solicitor does not deal with bona vacantia in the Duchies of Cornwall and Lancaster; this is dealt with by Farrer and Co. In Northern Ireland these matters are dealt with by the Crown Solicitor as the Treasury Solicitor's Nominee.
The two forms of bona vacantia of greatest current relevance are the estates of persons who die intestate and with no entitled relatives and the collection of the assets of dissolved companies.
www.nationmaster.com /encyclopedia/Bona-Vacantia   (1140 words)

  
 About Bona Vacantia
The term "Bona Vacantia" literally means vacant goods and is the legal name for ownerless property, which by law passes to the crown.
Bona Vacantia arises, in origin, by virtue of the Royal Prerogative, i.e.
In Scotland bona vacantia is administered by the Queen's and Lord Treasurer's Remembrancer.
www.bonavacantia.gov.uk /?pageid=1311   (312 words)

  
 Dissolved Company Assets   (Site not responding. Last check: 2007-10-19)
Bona vacantia is property which was owned by a registered company which has been dissolved.
In this situation, the property is transferred to the Crown as bona vacantia.
In order to establish that the property in question is bona vacantia, it must be shown in accordance with normal practice and procedure that the property was owned by the company at the time it was dissolved.
www.company-restorations.co.uk /bona-vacantia/bona-vacantia.html   (1114 words)

  
 Escheat - Wikipedia, the free encyclopedia
In English law, the doctrine of escheat has been replaced in most cases by bona vacantia, so that property owned by an intestate deceased with no living heirs passes into the ownership of the Crown without an escheat taking place.
This is the main difference between escheat and bona vacantia, as in the latter, a grant takes place automatically, with no need to 'complete' the transaction.
Until the Land Registration Act 2002 this meant that the land would cease to be registered land, acting as a slow leak of property out of registration.
en.wikipedia.org /wiki/Escheat   (915 words)

  
 Bona Kemi
Bona Sforza (born February 2, 1494 - November 19, 1557) was a queen of Poland and a second wife of Sigismund I of Poland since 1518.
Bona was born in Vigevano, the daughter of Gian Galeazzo Sforza of Milan and niece of Bianca Maria Sforza, who in 1493 had married Maximilian I. Bona, the niece of the empress, was a patron of Renaissance culture, which began to flourish in Poland.
Her maternal grandparents were Hippolyte Mary Sforza of Milan and Alfonso II of Naples, and her paternal grandparents Bona of Savoy and Galeazzo Maria Sforza, Duke of Milan.
www.breadlike.com /pages7/10/bona-kemi.html   (1272 words)

  
 Repayment of Funds to Restored Company   (Site not responding. Last check: 2007-10-19)
The Bona Vacantia Division's policy is to repay financial assets by a cheque made out to the company by name with the company's registration number at Companies House in brackets afterwards.
The Bona Vacantia Division is only prepared to repay funds to the company's order in this way if the company does not have an open account with a bank or other similar financial institution at the date of the request into which a cheque made out to the company by name could be paid.
The Bona Vacantia Division reserves the right to refuse to make payment to the company's order, either because it considers that this course should not apply at all in the circumstances or because it is not satisfied with the authority and evidence provided in support.
www.company-restorations.co.uk /restoration/repayment-of-funds-to-restored-company.html   (674 words)

  
 Read about Bona vacantia at WorldVillage Encyclopedia. Research Bona vacantia and learn about Bona vacantia here!   (Site not responding. Last check: 2007-10-19)
Bona vacantia (Latin, meaning vacant goods) is a doctrine of the common law in England under which ownerless property passes by law to
Assets of the estates of those deceased who died intestate and for whom no beneficiaries can be traced.
In Scotland, bona vacantia is administered by the Queen's and Lord Treasurer's Remembrancer, an office held by the Crown Agent, the senior official in the
encyclopedia.worldvillage.com /s/b/Bona_vacantia   (149 words)

  
 Escheat: Encyclopedia topic   (Site not responding. Last check: 2007-10-19)
[follow hyperlink for more...]), the doctrine of escheat has been replaced in most cases by bona vacantia (bona vacantia: bona vacantia (latin, meaning vacant goods) is a doctrine of the common law in...
This is very common (affecting a few hundred properties a year) where freehold property passes bona vacantia but is encumbered by onerous leasehold properties.
The disclaimer of the Official Solicitor destroys the freehold, so that the land ceases to have a freehold estate (estate: Extensive landed property (especially in the country) retained by the owner for his own use) and becomes land held by the Crown in demesne (demesne: Territory over which rule or control is exercised).
www.absoluteastronomy.com /reference/escheat   (718 words)

  
 No will, no heirs? The government will get your cash - [Sunday Herald]
Bona vacantia, which means vacant goods, covers the assets of those who die intestate and with no next of kin, as well as the revenues of dissolved companies.
The Treasury Solicitor’s Department, which deals with bona vacantia in England, Wales and Northern Ireland, excluded assets gained from insolvent companies to give the Sunday Herald a clear picture of how much the government collects from people who die with no will or heirs.
However, Mark Bridges, the solicitor who administers bona vacantia in Lancaster, said: “The duchies are part of the Crown – the income is payable to the dukes of Lancaster and Cornwall, who happen to be the Queen and the Prince of Wales.”
www.sundayherald.com /38979   (546 words)

  
 Bona Vacantia - Offshore Investments, Offshore Banking   (Site not responding. Last check: 2007-10-19)
Bona Vacantia Offshore Asset Protection, Bona Vacantia Offshore banking, Bona Vacantia Offshore investments Question Dissolved Company Assets Bona Vacantia Bona vacantia is property which was First Advisor - Provides offshore Enquiries about bona vacantia property should be addressed
Company Restorations - The Companies Group of the Bona Vacantia Division deals with the property and rights which were beneficially owned by dissolved companies.
distributed to its members or dealt with as bona vacantia before the end of the relevant period or any ship which is an offshore installation for the purposes of the
www.offshore-resources.net /bonavacantia.htm   (218 words)

  
 Trademarkcatalogue.com
Bona Vacantia is the legal name for ownerless property that passes to the Crown.
As a guide to the price of Bona Vacantia trade marks, the Bona Vacantia division of the Treasury Solicitor's Department presently has a base price of £1000 and charges administration fees of £250.
Our Bona Vacantia search data has been generated in collaboration with Marquesa Search Systems and uses dissolved company data (to end 2001) and available registered trade marks data.
www.trademarkcatalogue.com /bona_vacantia   (380 words)

  
 TSol Working in Bona Vacantia - Government Legal Service GLS Graduate Trainee Qualified
My first three years in TSol were spent dealing with large commercial litigation cases for a variety of client Departments, including the Ministry of Defence.
In June 2004 I moved to the Bona Vacantia Division as Head of the Companies Group.
Bona Vacantia is a unique and extremely interesting area of Government law, offering a large amount of autonomy in decision-making and direct dealings with the public.”
www.gls.gov.uk /about/departments/tsol_fp_wi_bv.htm   (195 words)

  
 Bona Vacantia - TheBestLinks.com - United Kingdom, TheBestLinks.com:Find or fix a stub, TheBestLinks.com:Perfect stub ...   (Site not responding. Last check: 2007-10-19)
Bona Vacantia - TheBestLinks.com - United Kingdom, TheBestLinks.com:Find or fix a stub, TheBestLinks.com:Perfect stub article, Treasure Trove,...
Bona Vacantia, United Kingdom, TheBestLinks.com:Find or fix a stub...
Bona Vacantia is a division of the Treasury Solicitor's Department of the UK Government.
www.thebestlinks.com /Bona_Vacantia.html   (133 words)

  
 Observer | 'Greedy' trio robbed dead of £1m
The inquiry soon pointed towards the Bona Vacantia office and the job applications of all those who had been involved in the searches of both properties were examined.
Leighton had been popular in the Bona Vacantia department and none of her colleagues had the slightest inkling she was using her position to plant false wills in the homes she searched.
Leighton would ensure that the wills would be positioned in such a way as to ensure that they would be found by one of her colleagues and there would be no reason to think they were not genuine.
observer.guardian.co.uk /print/0,3858,4563363-102285,00.html   (1045 words)

  
 Treasure Trove   (Site not responding. Last check: 2007-10-19)
Under the common law of the UK if a person dies without passing their property by will, and has no relatives, their property is Bona Vacantia[?] and passes to the Crown as final owner of all property in the UK.
In the former case, the finder can keep it and become rich--in the latter the property is Bona Vacantia and belongs to the Crown (and generally goes to a local or national museum).
Beat the whites of eight eggs separately and have the eggs in the refrigerator over night if the omelet is to be used We use the same amount of flour.html">flour and milk as of ham, but moisten the the milk and flour with the yolks of the eggs.
www.termsdefined.net /tr/treasure-trove.html   (447 words)

  
 [No title]
BONA vacantia sunt eorum, qui sine herede decedunt, et proinde Reip.
EX incidentibus reditibus publicis censemus Vacantia bona esse, quae alias Caduca speciatim, de quibus lex Inlia Papiaa Caduciatia olim Ulp.
Hic vero Caduca et Bona vacantia intelligimus, quae nullum habent heredem.
www.uni-mannheim.de /mateo/camenahist/bornitz4/books/bornitiusaerarium_3.html   (2126 words)

  
 The Duchy of Lancaster - Bona Vacantia
The Duchy of Lancaster plays a special role in administering bona vacantia within the County Palatine.
When a person dies within the County Palatine without leaving a will, the Duchy receives their estate as 'bona vacantia' in cases where other legal ownership cannot be established.
Remaining monies from bona vacantia, after allocations have been made for future liabilities and the cost of administering the scheme, are applied to the costs of Palatinate administration and historical obligations.
www.duchyoflancaster.org.uk /output/page47.asp   (431 words)

  
 The legal position   (Site not responding. Last check: 2007-10-19)
There is a narrow definition of treasure trove per se, involving precious items which have lain concealed, but in practice this is overridden by and subsumed within the wider legal concept of bona vacantia (or ownerless goods).
It does not matter whether objects were lost or intentionally hidden, or what material the objects are made of.The Crown Office in Scotland has the duty, overseen by the Scottish Executive, to claim bona vacantia on behalf of the nation.
Archaeological finds and historic objects are just one part of the work which the Crown Office does under bona vacantia, which includes such matters as intestate estates.
www.treasuretrovescotland.co.uk /the_legal_position.html   (234 words)

  
 Company Liquidation - 03 Feb 2003   (Site not responding. Last check: 2007-10-19)
If she were to pursue the illegally-distributed share capital the shareholders would simply apply to the Court for the company to be reinstated and then liquidate it formally.
The Treasury Solicitor does not pursue the assets of a defunct company as bona vacantia where they have ended up in the hands of the people entitled to them in a formal winding up.
However, any person with a claim against the company may apply to the Court within 20 years to have it reinstated and then make a claim against the shareholders: this is the main danger with the C16 procedure and recently-operating companies.
www.accountingweb.co.uk /cgi-bin/item.cgi?id=102468&d=448&h=668&f=452   (844 words)

  
 Bona Vacantia and Government Departments from Online Consumer Information Services ( OCIS )
The Division aims to be fair in all its dealings, to be as open as possible and informative as appropriate, throughout a case.
The Companies Group can deal with any assets that were held by a company at the date of dissolution, but most of their work is centred on cash balances, freehold and leasehold property, trademarks, copyright, internet domain names and mortgages.
Within this section of the Bona Vacantia website there are forms where you can submit the details of a dissolved company's assets.
www.online-consumer-information-services.co.uk /Information/Government-Departments/Bona-Vacantia.shtml   (709 words)

  
 No. 25/1954: PART III RIGHTS AND PREROGATIVES BELONGING TO THE PEOPLE IN RELATION TO PROPERTY, ESCHEAT AND BONA VACANTIA
(2) On the operative date all personal property which became, before the operative date, the property of the State as bona vacantia or by virtue of section 28 shall, by virtue of this subsection, stand vested in the Minister.
(3) Where any personal property becomes on or after the operative date the property of the State as bona vacantia or by virtue of section 28, such personal property shall, upon so becoming the property of the State, vest in the Minister.
Disclaimer of certain land devolving on the State by way of escheat or as bona vacantia.
www.acts.ie /zza25y1954.8.html   (585 words)

  
 Gazette   (Site not responding. Last check: 2007-10-19)
Notice of Disclaimer Notice of Disclaimer of BONA VACANTIA COMPANIES ACT 1985 Whereas BAYLANDS LTD was dissolved on 11 June 1999; And whereas in terms of Section 654 of the Companies Act 1985 all...
Notice of Disclaimer Companies Act 1985 NOTICE OF DISCLAIMER OF BONA VACANTIA Whereas Thomson Taverns Limited was dissolved on 24th September 2002; And whereas in terms of Section 654 of the...
Notice of Disclaimer Notice of Disclaimer of Bona Vacantia Bingham Enterprise Limited The Companies Act 1985 Whereas Bingham Enterprise Limited was dissolved on 1st May 2001 in terms of Section...
www.gazettes-online.co.uk /notices.asp?webType=2&CategoryId=GC2603   (283 words)

  
 Get advice on bona vacantia (ownerless) property - www.govt.nz
The Treasury's Legal Group advises on requests for the Crown to deal with bona vacantia property.
Examples of bona vacantia requests include discharging mortgages, extinguishing easements, releasing debentures, surrendering leases, and disclaiming the rights and interests of the Crown in bona vacantia property.
Please provide as many details as possible regarding the bona vacantia situation and what you are asking the Crown to do.
www.govt.nz /urn.php?id=1039   (115 words)

  
 Bona Vacantia: 25 Oct 2004: Written answers (TheyWorkForYou.com)
The Treasury Solicitor's Department collected £19,106,467 from bona vacantia, after deducting expenses, in the financial year 2003–04.
The Government has no plans to reform the law relating to the application of bona vacantia.
However, the Treasury Solicitor has recently reviewed the policy on making discretionary payments from the assets of dissolved companies and is discussing with HM Treasury what changes, if any, to make to the current practice.
www.theyworkforyou.com /wrans?id=2004-10-25.192083.h   (118 words)

  
 Sunday Herald, The: No will, no heirs? The government will get your cash   (Site not responding. Last check: 2007-10-19)
The British Bankers' Association confirmed that "if a person dies with no will or next of kin, normal rules of probate would apply and all of the monies would go to the Crown".
The duchies of Cornwall and Lancaster, which also have the right to bona vacantia, have received more than (pounds) 4m over the past three years.
bona vacantia over the past three years Scotland Bona vacantia administered by the Queen and Lord Treasurer's Remembrancer (Crown Office) 2000/01 (pounds) 300,317 2001/02 (pounds) 2,056,664 2002/03 (pounds) 2,088,321
www.findarticles.com /p/articles/mi_qn4156/is_20031228/ai_n12585330   (650 words)

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